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There's some money on it, but not enough to get rich. For example, Imgur was profitable in 2014, but they had to raise money and expand... Maybe a service like
by luuurker 3y ago
There's some money on it, but not enough to get rich. For example, Imgur was profitable in 2014, but they had to raise money and expand...
Maybe a service like this should start with ads and paid plans (that unlock restrictions), keep their running costs low, and never stop being an image hosting site?
Too many start without ads, get users and some investment and then spend it all on expensive AWS hosting/CDN bills and employees that are hired to create a social media platform... and then they stop being an image hosting website, fill the site with ads, focus too much on growth, and so on. I don't blame them for taking a big pay check, but I don't think the entrepreneur type works well for image hosting.
- ikekkdcjkfke 3y agoJust sell peoples IP adresses and browser fingerprints and what they were looking at in text format
- goolz 3y agoI hope this is sarcasm. Please do not do this. The world is crappy enough as is, no need for more spam and more privacy loss to keep an image site afloat.
- toyg 3y agoIt's cute that you think this doesn't happen already. The problem is that it's just not that profitable. What is an advertiser going to do, with the knowledge that internet people like to look at cats?
- hsjqllzlfkf 3y ago> Imgur was profitable in 2014, but they had to raise money and expand... Why did they "have" to raise money and expand? Maybe this was sarcasm and I missed it in which case ignore.
- ilyt 3y agoCoz owners wanted more money
- InvisibleUp 3y agoImgur is backed by venture capital. A stable, sustainable business isn’t enough; they have to make gobs of cash to repay their investors.
- hsjqllzlfkf 3y agoI understand the need to expand given that you have investors. I was asking why they needed to get investors if they were profitable.
- z500 3y agoSure, it is now, but why did it have to be? I don't remember them hurting for many or anything before the VC money came in, but nobody ever accused me of being too astute.
- deleted 3y ago[deleted]
- luuurker 3y agoYes, it's a sarcastic "have".
- hsjqllzlfkf 3y agoGot it. I would've written it like: They were profitable but then they haaaaad to go and raise money. :-)