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Imgur Acquired by Medialab

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Re: Imgur Acquired by Medialab

#84
post #60

Earlier quoted context omitted.

I remember back around 2009(?) ish I had a chance to talk to some folks at Justin.tv (now twitch) and they said one ad on the stream every few hours more than covers all the costs. What changed? I guess the videos are much more high resolution now than the webcam size 320x240 videos back then but has cost gone up that much?

Ads are worth a magnitude less today than they were in 2009.

But you need to consider that so have hosting costs-- proportionately too. Hosting data was incredibly expensive 10 years ago. If the math was working then, it should at least be pretty close to working now.

Re: Imgur Acquired by Medialab

#86

Imgur, great service, lasted this long, amazing. But I always wondered how any of these random image hosts afforded bandwidth (reminds of the other various ones like TwitPic who was saved from being taken offline by Twitter). I mean, I have a gallery of images in there, privately stored, directly linked to here and there around the net, without paying for anything for years. I think at one point I can't even remember…

Bandwidth is pretty cheap if you look beyond cloud. There are providers that offer magnitudes cheaper bandwidth than e.g. AWS but you have to set servers yourself.

If I request one of the images in the post, I end up on a Fastly IP, and their public pricing[1] is pretty much the same price per GB as AWS[2]. They probably get a discount there, but that's probably about the same deal if you're a big AWS customer.

[1]: https://www.fastly.com/pricing/ [2]: https://aws.amazon.com/s3/pricing/?nc1=h_ls

Re: Imgur Acquired by Medialab

#87

Earlier quoted context omitted.

Bandwidth is pretty cheap if you look beyond cloud. There are providers that offer magnitudes cheaper bandwidth than e.g. AWS but you have to set servers yourself.

Where have you had success with hosting outside the usual aws/gap/etc? It seems like digital ocean has a bit cheaper bandwidth, but curious if you have a better recommendation!

DataPacket has a lot of locations globally (compared to Hetzner), though you're going to need to spend more than a few dollars to get started.

Re: Imgur Acquired by Medialab

#88
post #77

Imgur, great service, lasted this long, amazing. But I always wondered how any of these random image hosts afforded bandwidth (reminds of the other various ones like TwitPic who was saved from being taken offline by Twitter). I mean, I have a gallery of images in there, privately stored, directly linked to here and there around the net, without paying for anything for years. I think at one point I can't even remember…

It seemed crazy to me, and I didn't want to be the product, so I made https://imgz.org/ . Maybe you'll like it.

Your pricing page is a delight

https://imgz.org/money/

Re: Imgur Acquired by Medialab

#89

Wasn't this the company that ostensibly began on reddit? Their founder used to post many promises about "not selling out" and the rest.

"Selling" and "selling out" are not (always) the same thing.

My dad worked in M&A for a long time and handled the sale of a plastic molding company where the owner was getting quite old and couldn't really run the business anymore. The company was extremely well established and had a very strong and loyal customer base and ran off a single manufacturing facility in a small town out in the boonies. The owner certainly wanted a fair value for the company but he also strongly desired that the plant be kept open and employees retain their positions. Adding this sort of a restriction on a company you're selling is possible - but it is hellishly expensive, generally you're considering adding some sort of third party oversight and auditing for all HR actions and business decisions. If you buy a company under these terms you can end up utterly destroying the company if supply chains shift - the local labour pool is unsustainable or a plethora of other reasons... And almost certainly this burden is mandatorily bundled with the company - so once you've rode the company value down a bit and are looking to get out all of the buyers will know how much of an impossible situation that company is in.

At the end of the day when you sell a company you are divorcing yourself from the future direction - you might be invited to stay on as an executive - and the new owners might listen to you... or they might not - that's entirely up to them. Any promises or commitments you've made as an executive are only as good as your word - and when you sell your company your word stops having any power (because you sold that power).

I would never shame someone who wanted to keep an ideal going from making an exit they personally need to make - always prioritize your health and happiness over any venture - but when you sell you're accepting the fact that at any moment the buyer may completely reverse the direction of the company.

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