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It's pretty good for when you basically want an animated GIF with sound. Works well for cute animal clips that wind up on Tumblr. But I don't see how you get a
by TillE 11y ago
It's pretty good for when you basically want an animated GIF with sound. Works well for cute animal clips that wind up on Tumblr.
But I don't see how you get a viable business model out of that.
- chatmasta 11y agoYeah, no way you could get a business out of GIFs right? http://techcrunch.com/2016/02/16/giphy-closes-55-million-series-c-at-a-300-million-post-money-valuation/ http://techcrunch.com/2016/02/16/giphy-closes-55-million-ser... (In all seriousness, I think the recent GBoard is an example of how gifs can play a central role in the user's OS, which is prime real estate)
- toomuchtodo 11y agoInvestment != business.
- nametakenobv 11y agoNo, it sums the line of thinking in startups pretty well. Convince suckers to give you money, spend $25,000/employee on lunches. Figure out how to be profitable "later". It shouldn't be hard. You can write code after all!
- chatmasta 11y agoAgreed, but most investors will not part with that kind of money unless they believe in the plan for turning it into way more money (... at least I hope so.) Of course, some investors are idiots, so you have to take their confidence with a grain of salt. But the past decade has proved that there is value to building a large and loyal userbase. As long as big companies continue to acquire those userbases for large price tags, investing in the userbases can remain a justifiably smart idea.
- big_youth 11y agoFrom the article "Shockingly enough, Giphy is not yet monetizing." At this point I would say it's more of a platform than a business.