• PlebsicleMcGee@feddit.uk
        link
        fedilink
        English
        arrow-up
        59
        ·
        1 year ago

        Gfycat had the excellent business model of hosting a load of high bandwidth content and not making any money from anyone

        • themoonisacheese
          link
          fedilink
          English
          arrow-up
          11
          ·
          1 year ago

          You forgot the excellent idea of being highly integratable to the point end users don’t even know the gifs they’re seeing are from gfycat

          • RGB3x3@lemmy.world
            link
            fedilink
            English
            arrow-up
            6
            ·
            1 year ago

            Really though. On Reddit at least, how often did you actually go to gfycat instead of just viewing on Reddit’s webpage or a third party app?

        • ChrisFhey@kbin.social
          link
          fedilink
          arrow-up
          5
          ·
          1 year ago

          I genuinely don’t understand this either. On a surface level I’d say they’re not even remotely related so I’d like an explanation here.

          • May@kbin.social
            link
            fedilink
            arrow-up
            2
            ·
            1 year ago

            Yea me too i am a bit wondering why. People kept saying this was the reason, but idk if they really mean that or if its just ‘saying what sounds possible as a half joke’ (like when people answer any question about any shady business or very expensive auctions as “its money laundering” even tho there may be other explanations. I think ppl say it half jokinly?) Idk what reason snap would do this tho? Maybe theyre planning to make a gif hosting thingy by theirself?

        • BarbecueCowboy@kbin.social
          link
          fedilink
          arrow-up
          4
          ·
          edit-2
          1 year ago

          Gfycat is owned by Snapchat.

          I think the idea is that with things you could use snapchat for, people are using gfycat instead and users using snapchat are more profitable.