I can't help but think of all the millions of economically useful people who lost their jobs over the past couple of months because of COVID19... And contrast that with all the economically useless Giphy employees and executives who not only get to keep their jobs but get massive bonuses.
Facebook to Buy Giphy for $400M
301–310 of 535 posts
Re: Facebook to Buy Giphy for $400M
#302I would not be surprised if the blatant copyright infringement that is rampant on Giphy has scared off potential buyers in the past. I know, I know, there's an argument that it's fair use, but that doesn't mean that legal costs won't be incurred to make that argument, nor that the argument will be ultimately successful. I suppose if there's any company that's able to take on that legal risk, it's Facebook.
Ianal but isn't this what the DMCA safe harbor is about? Comply with takedown requests and you are fine.
Re: Facebook to Buy Giphy for $400M
#303(edit: they are already banned. Nothing to do.)
Re: Facebook to Buy Giphy for $400M
#304Earlier quoted context omitted.
Makes more sense. But it is easy to replace it with another giphy. Especially when there is privacy reason.
Question os: How many will switch it out? Giphy has a big collection of images and works ... swapping is effort and brings different (unexpected?) results.
Re: Facebook to Buy Giphy for $400M
#305Earlier quoted context omitted.
Does the fact that it is integrated into iOS keyboard have any implications? WlWhat kind of data does this have access to when I send gifs from iOS keyboard?
Google messenger (the default texting app) has a gif search that includes giphy, and Discord and slack also use giphy. What I don't see is what data FB is getting when the gif loads. OK, so they can see I am using giphy in Discord. Now what? edit: apparently wrong/outdated information.
For Discord, while they initially used Giphy and has a /giphy command, it now uses Tenor too in the GIF picker.
Re: Facebook to Buy Giphy for $400M
#306Per Crunchbase, they raised $150M total, with the last raise being $72M in 2016: https://www.crunchbase.com/organization/giphy This might not have been a 10x acquisition. EDIT: The Information is saying the price was $300M + bonus, and a 50% drop from the valuation in 2016. https://www.theinformation.com/briefings/4fbc4a
I suspect that actually it was closer to 75-150 range.
Re: Facebook to Buy Giphy for $400M
#307Re: Facebook to Buy Giphy for $400M
#308I feel so bitter right now. A recruiter asked me to join them back in 2016 and they were paying $200k+ for a senior backend role. I turned them down because I was on a visa and wanted a company with financial stability. A gif-search engine startup sounded ludicrous. Well, here we are...
Be glad. You do not want to be associated with Facebook.
Re: Facebook to Buy Giphy for $400M
#309Earlier quoted context omitted.
Grokking being beyond understanding something is central to Valentine Michael Smiths understanding of the world, and therefore the plot, in “Stranger in a Strange Land”. Grok is not simply understanding or knowing a thing, it’s knowing that thing so well and all the things related to that thing, and understanding all of your feelings associated with that thing, that it becomes a part of you. At least, that was my int…
Oh, I've read it and it's on my bookshelf. Just something like 3 or 4 decades ago :-) It was never actually a particularly favorite Heinlein for me though so I haven't re-read in a very long time if ever.
Re: Facebook to Buy Giphy for $400M
#310I feel so bitter right now. A recruiter asked me to join them back in 2016 and they were paying $200k+ for a senior backend role. I turned them down because I was on a visa and wanted a company with financial stability. A gif-search engine startup sounded ludicrous. Well, here we are...
Be glad. You do not want to be associated with Facebook.
You're trying to make it sound like it'll put a black mark on your resume or something.