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Facebook to Buy Giphy for $400M

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Re: Facebook to Buy Giphy for $400M

#391
post #256

Earlier quoted context omitted.

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.

> 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 I don't think this is quite fair to YouTube. They've spent hundreds of millions of dollars developing ContentID. It's not perfect, but it's without a doubt the most sophisticated sy…

I thought the DMCA reporting system was basically made for Google (maybe by Google???) so they could have a middle-ground. They shift responsibility to content owners, through the law; then sell themselves as virtuous through ContentID and keep enough infringing content to not too deleteriously effect their platform -- collecting ad revenue even on content they allow that's infringing.

You can say what you like, but that's genius level politics-business IMO.

Re: Facebook to Buy Giphy for $400M

#392
post #270
post #80

Earlier quoted context omitted.

I'd just like this trend of sending reaction gifs to end. People keep posting them in Slack all the time, but I find it about as appropriate as that brief time when all my uni teachers decided that it's hip to include rage comic faces into every other slide of every presentation. , yes I know, I'm fun at parties…

I’m even “uncooler” than you. I wrote a bot that denigrates employees for using gifs in slack. And that persistent dancing parrot animated emoji. Luckily the bot ended up doing more valuable things too, but the original design of the bot was purely for abusing the colleagues on my team. And it had the intended effect, people still joke but slack is not pegging my CPU, rendering animated images anymore.

That would necessitate a separate bot which posts random gifs to your slack thread every hour on the hour ;-)

Re: Facebook to Buy Giphy for $400M

#393

Earlier quoted context omitted.

Copy and paste it into slack instead

Uhh.... that creates an attachment. I'm begging to suspect that there's a setting, hidden size threshold, or something involved.

Could be a setting in your organization or something I guess. Uploading a gif works fine for me and it's animated.

Re: Facebook to Buy Giphy for $400M

#394
post #269

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It absolutely is cynical. Just another "If you're not paying for it, you're not the customer; you're the product being sold."

While you aren't wrong, in this day and age it's not enough to simply pay. Even if you pay for something, you are still the product being sold. Why would a company leave money on the table, when violating people's privacy is profitable and there is no backlash?

Ethics?

Re: Facebook to Buy Giphy for $400M

#395
post #6

Congrats to giphy I guess? But I'll be honest, any time I've ever used them as an extension in slack or anywhere, and tried to get relevant gifs, I got back some really bad results. I'll never fully understand why they're so successful short of just dominating the market through sheer popularity. I remember switching our team over to rightgif and the difference was astounding given the fact that giphy has millions up…

I've always thought part of the "charm" of Giphy in Slack is that does give you those somewhat silly or "not exactly what I was looking for but actually this is funnier" type of GIFs. The couple of times I have tried to use it to search for a very specific GIF (like searching for a specific clip from a movie) it hasn't really worked, but whenever I use it for more general stuff like "/giphy cardio sucks" or "/giphy h…

I honestly thought Giphy was vyying for an acquisition from Slack that never materialized.

Re: Facebook to Buy Giphy for $400M

#396
post #210
post #99

Earlier quoted context omitted.

Read the privacy policy[1]. Think of Giphy images as a giant, organically shared version of web tracking software. Which complements the coverage of the FB Pixel[2] well, as it worms its way into privacy-conscious areas they might not have FB Pixel coverage such as private communications and security/privacy-minded apps. And without implementing something like a proxy server to pre-cache/sanitize images and strip tra…

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?

Not sure if the iOS keyboard uses Giphy. I get very different results searching for the same things in the keyboard and on the Giphy website.

Re: Facebook to Buy Giphy for $400M

#397

Earlier quoted context omitted.

What would be the infringement? I would say any animated GIF (or whatever) should be defined as fair use across the board, since it's impossible to use it for anything other than criticism or comment. It's not exactly like Beastie Boys vs. Chambers Bros, but it rhymes with it.

Isn’t there a gif of the entire first Shrek movie?

Perhaps, but that's clearly not covered by fair use. Posting the entire Shrek movie as a GIF is not creating a "new meme".

Re: Facebook to Buy Giphy for $400M

#398
post #348
post #166

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

I wonder what happened to employees who joined later on, with underwater options.

With "later on" in this case being the past four years.

Re: Facebook to Buy Giphy for $400M

#399
post #80

Earlier quoted context omitted.

I'd just like this trend of sending reaction gifs to end. People keep posting them in Slack all the time, but I find it about as appropriate as that brief time when all my uni teachers decided that it's hip to include rage comic faces into every other slide of every presentation. , yes I know, I'm fun at parties…

Have you ever been in a mostly white office and noticed how many reaction GIFs are of black people? The term to Google here is “digital blackface”. If you bring this to more people’s attention my guess is that reaction GIFs will become less prevalent in your office.

Geez people find a new thing every day to get offended about. Amazing.

Re: Facebook to Buy Giphy for $400M

#400
post #74

Earlier quoted context omitted.

The owners of giphy don't feel the same pangs I'm sure

I mean, it worked out great for the Instagram guys, right?

Maybe..?

I can imagine an alternate 2020 where an independent Instagram is growing like a weed and the founders are much more wealthy.

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