341–350 of 535 posts
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Am I out of touch? No, it's the 1.6B daily active users who are wrong.
Look at it as at a bad but addictive habit. Hundreds of millions of smokers do harm their health, and through it their own and their neighbors' wealth. But quitting is indeed hard.
Struggling to understand the value-add for Facebook here. For a while they were buying businesses for the coveted "screen time" - VR, messaging, etc. Everyone expected that they would monetize or integrate those platforms, and they did for most apps. So I guess if I post a giphy in a work chat they will now get an extra few seconds of ~100 people's screen time/day. What's the point? I doubt they will overlay ads. So…
Per 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
Most likely because their operational costs are borderline obscene due to reliance on Google Cloud for their ML pipeline and moving all their metadata to dynamodb.
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I use emojis a lot in Slack and texting. They can remove some accidental ambiguity in your writing, by making your intent clear. For example, the tongue out emoji can work to make sure people know you're being sarcastic.
Call me old school but I have to look up almost every single emoji. I find them frustrating /creepy
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The owners of giphy don't feel the same pangs I'm sure
I mean, it worked out great for the Instagram guys, right?
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The other interesting thing about this one, is that they dont even attempt to license content do they? They dont have any content costs? Theres been this fake (steal) it till you make it, wild west approach to growth. Youtube, Buzzfeed, Imgur. You just host anybodys content regardless of if the poster is the owner, and once you get to scale, then you handle copyright and creating your own content so you arent as depe…
Facebook, Twitter and Google (YouTube) have used that strategy to ignore their obligations to filter their content by getting into some type of "too bug to fail" situation and throwing their hands up when they are asked to do their duty. Those products didn't fill a niche by innovating, they filled a niche by ignoring the obligations that were preventing others from filling the niche.
Am I responsible when stolen goods are sold from my stalls?
I own and operate an RV park. Someone is selling illegal drugs from one of the RVs.
Am I responsible for the illegal drug sales?
Zuckerberg is really desperate paying $400m for this, this is worth $100m max. Like somebody said earlier Imgur would make more sense. And btw VCs who invested late stage in Giphy lost money.
Last private raise - https://techcrunch.com/2016/10/31/giphy-the-platform-for-all... - $600MM - $150MM raised - $400MM sale price - $400MM - $150MM 1x preferred = $250MM (assuming not ratchet up for selling below last preferred price) - $250MM net to shareholders. - 50% for preferred investor share holders - 25% to founders - 25% to individual contributors - 25% of $250MM = $62.5MM These are all just estimates
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No, the term to Google here would be "misinterpreting inclusive cultural norms as appropriation".
One of these has 57,000 results and the other one has zero.
Your analysis of the anecdote(!) that white offices seem to use people of color in gifs more often is concerning. It doesn't seem reasonable to think that working-class whites -- through meme communication at work -- oppress anybody in any meaningful way. Of course I understand _why_ someone would think that, and I largely agree with it.
That is the theory that modern white culture consists of microaggressions which enforce a race-order in society while outwardly appearing "equal" and "inclusive". But the memes at work? Aren't there more important institutionalized racist policies to tackle? When you argue that the individual's choice to use memes with people of color is itself a problem worth addressing, we lose the more important issues that need to be fixed to the noise.
If you really want to convince someone (or society) that something needs to change, you don't ask them to change a million things, you ask them for one thing. That's why we've been divided on race issues for so long, but it's even worse what's happening now. Now, the left (or those whites "in power" who say they are "woke" and want change) realizes it's easier to sit back and claim martyrdom for failing to convince the right (or those whites "in power" whose support is needed to make systematic racial change) because of some fundamental flaw in our opponent, rather than because of some flaw in the completely incoherent message of "change" that we are maintaining.
And it's disgusting because the left revels in this self-righteousness while actively sabotaging our own "goals" in order to reserve for ourselves this position of universality.
If we really want to make any change we would pick ONE policy. We would push and push until it HAD to become _law_. Then we would continue to push that program until that law HAD to become a _success_, and we would use that success to push ONE more policy. But we muddy the conversation with inane demands like "the (anecdotal!) tendency of white people to use people of color in gifs to communicate on Slack must be addressed," not so that we will actually _change_ that behavior, but once again to reserve the moral high-ground for, you guessed it, WHITES IN POWER (US).
I think this is the most sinister and disgusting forms of racism, and it's being perpetuated by US! Most progressive whites I know really ARE good people, and really DO want social change, but they (you, OP, you) don't realize that they're participating in a much more dangerous form of oppression, because it _feels good_.
It probably made you feel really good that you "educated" all of us on HN on this super important racial topic that you just happen to be "woke" on. You probably thought that was you "doing your part to end racism." Well your moralist masturbation just perpetuated the very cycle of racism that you espouse to despise.