Earlier quoted context omitted.
The difference is, that clip art company was directly selling a product. Make a collection of clipart, customers pay money.
I guess your critique is that Giphy doesn't have a clear, announced monetization strategy? That sounds fair. I haven't done any research on the company, but that seemed vague in their recent funding announcement/valuation. However, I think it's fair to say that Giphy has created something people want to use. Anecdotally, their Slack integration is very popular in the channels I frequent. Maybe the lack of public mone…
Introducing GIF search on Twitter
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Re: Introducing GIF search on Twitter
#52> “GIPHY delivers real-time GIFs as they happen, helping to power Twitter’s live commentary and conversation,” says Alex Chung, founder and CEO of GIPHY. Someone built a 30+ person company around animated GIFs. And they say there isn't a bubble...
They're rehosting loads of copyrighted content, too.
Re: Introducing GIF search on Twitter
#53Earlier quoted context omitted.
I guess your critique is that Giphy doesn't have a clear, announced monetization strategy? That sounds fair. I haven't done any research on the company, but that seemed vague in their recent funding announcement/valuation. However, I think it's fair to say that Giphy has created something people want to use. Anecdotally, their Slack integration is very popular in the channels I frequent. Maybe the lack of public mone…
What makes this indicative of a bubble is the combination of: a. Business centered around an utterly frivolous endeavor b. Seemingly far more employees than necessary to support (a) c. Many millions of dollars raised in the pursuit of (a) and (b) You're absolutely correct that people want to use it. But they sure as hell aren't gonna pay directly for it or put up with ads. This is not a business made to last. I know…
However, I agree that people wouldn't pay for it or put up with ads. As a casual Giphy user, I certainly wouldn't pay for it, and to your point, I wouldn't invest my own money in Giphy.
Anyway, thanks for spelling out your reasoning. Cheers.
Re: Introducing GIF search on Twitter
#54Re: Introducing GIF search on Twitter
#55Re: Introducing GIF search on Twitter
#56Re: Introducing GIF search on Twitter
#57What the hell is Twitter turning into? A broadcast Messenger chat? It seems like to me that Twitter is increasingly promoting the mindlessness often found on sites like Reddit; In my opinion the attempt to increase the number of GIFs in an attempt to resume growth to millenials is misguided, and will lower the quality of Tweets overall (not that it was high to begin with), and will likely further alienate parts of it…
Re: Introducing GIF search on Twitter
#58Twitter is becoming worse in every way in order to chase the users of a larger social network that's worse in every way. The timeline isn't just about to become disjointed, it's going to become more inane as well.
Re: Introducing GIF search on Twitter
#59> “GIPHY delivers real-time GIFs as they happen, helping to power Twitter’s live commentary and conversation,” says Alex Chung, founder and CEO of GIPHY. Someone built a 30+ person company around animated GIFs. And they say there isn't a bubble...
It's like saying that Pinterest is a photo album. Or that Twitter is just a blog engine with 140 characters. Completely correct. Completely missing the point.