Imgur Acquired by Medialab

#1

Post by mburst » Mon, Sep 27, 2021, 7:19 PM UTC

Re: Imgur Acquired by Medialab

#2

Post by vitalychernobyl » Mon, Sep 27, 2021, 8:06 PM UTC

This is a tough one to make sense of - are they just getting killed by reddit on one side and tiktok on the other and cashing out? Anyone have any insight? (also anyone know the purchase price? just for fun)

Re: Imgur Acquired by Medialab

#3

Post by sieabah » Mon, Sep 27, 2021, 8:17 PM UTC

vitalychernobyl wrote: post #2

This is a tough one to make sense of - are they just getting killed by reddit on one side and tiktok on the other and cashing out? Anyone have any insight? (also anyone know the purchase price? just for fun)

They stopped being just an image host and attempted to branch out. Except the content creators just post the garbage to reddit and tiktok directly because the reach is much greater than linking to imgur from the various platforms.

Re: Imgur Acquired by Medialab

#4

Post by EasyTiger_ » Mon, Sep 27, 2021, 8:25 PM UTC

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

Re: Imgur Acquired by Medialab

#5

Post by darkwizard42 » Mon, Sep 27, 2021, 8:26 PM UTC

Medialab has now acquired Kik (2019), Imgur (2021), Genius (2021)...

Big spree of acquisitions! Anyone have any idea the goal?

Re: Imgur Acquired by Medialab

#6

Post by slig » Mon, Sep 27, 2021, 8:27 PM UTC

EasyTiger_ wrote: post #4

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

They began on Reddit because Reddit was incapable of handling image uploads.

Re: Imgur Acquired by Medialab

#7

Post by bubblehack3r » Mon, Sep 27, 2021, 8:32 PM UTC

Isn't this the company that aquired Kik and completely abandoned it? Pretty sure this is it. There goes Imagur...

https://www.distractify.com/p/what-happened-to-kik

Edit: fixed spelling mistake

Re: Imgur Acquired by Medialab

#8

Post by jamescun » Mon, Sep 27, 2021, 8:33 PM UTC

Interesting, I hadn't heard of MediaLab until just a few days ago when I listened to a Darknet Diaries episode[1] about Kik and some "content problems" that MediaLab are leaving unresolved.

[1] https://darknetdiaries.com/episode/93/

Re: Imgur Acquired by Medialab

#9

Post by WORMS_EAT_WORMS » Mon, Sep 27, 2021, 8:34 PM UTC

EasyTiger_ wrote: post #4

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

Ha. I love reading terrible inflaming comments like this.

- What would you have done?

- Do you even know 1% of the effort the founding team put into this?

- Do you know the exact details of the digital cold war between Reddit and them?

This is just a terrible comment by a terribly grumpy person to inflame.

- It’s AWESOME the founding team exited

- It’s AWESOME someone went heads up with Reddit

Everything they did mattered. Nothing you shared did.

Re: Imgur Acquired by Medialab

#10

Post by taurath » Mon, Sep 27, 2021, 8:38 PM UTC

darkwizard42 wrote: post #5

Medialab has now acquired Kik (2019), Imgur (2021), Genius (2021)... Big spree of acquisitions! Anyone have any idea the goal?

Yeah to be an ad network like everything else