News for hackers. Stuff that matters.

A comment on Facebook to Buy Giphy for $400M. Parent comment

Re:Facebook to Buy Giphy for $400M by eloc49 on Friday May 15, 2020 @11:17AM (#23193123)
This exactly. Kara Swisher's interview with Sarah Frier on how Instagram went really paints the picture. https://overcast.fm/+QLdurp-A8
[ Parent | on HN ]
Re:Facebook to Buy Giphy for $400M by throwaway4715 on Friday May 15, 2020 @07:20PM (#23198655)
That interview was bad. They're trying to make you feel bad for the Instagram founders because they were too stupid to realize that after you _sell_ your company you don't own it anymore. Also, per that interview, Instagram only became sustainable under Facebook.

Hard to feel bad about it.

[ Parent | on HN ]
Re:Facebook to Buy Giphy for $400M by seppin on Friday May 15, 2020 @08:08PM (#23199029)
> Instagram only became sustainable under Facebook.

That's an incredible leap to say IG couldn't develop their own ad network as a stand alone company. Hire a few people away from Google with options in a growing company the same way FB did.

If IG didn't sell they would have fully killed Facebook's relevancy by now.

[ Parent | on HN ]
Re:Facebook to Buy Giphy for $400M by throwaway4715 on Friday May 15, 2020 @09:37PM (#23199659)
Yeah, but the IG founders didn't want to put ads on the product at all. It was not a sustainable business while in their control.
[ Parent | on HN ]
Re:Facebook to Buy Giphy for $400M by seppin on Sunday May 17, 2020 @04:59PM (#23215428)
Do you have a source that they refused any ads at all? There's a difference between having a few tasteful ones and overloading it like it currently is.
[ Parent | on HN ]