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A comment on After September 1, 2023, all Gfycat content and data will be deleted. Parent comment

Re:After September 1, 2023, all Gfycat content and data will... by hsjqllzlfkf on Sunday July 02, 2023 @04:35AM (#36559522)
> Imgur was profitable in 2014, but they had to raise money and expand...

Why did they "have" to raise money and expand? Maybe this was sarcasm and I missed it in which case ignore.

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Re:After September 1, 2023, all Gfycat content and data will... by ilyt on Sunday July 02, 2023 @05:48AM (#36559930)
Coz owners wanted more money
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Re:After September 1, 2023, all Gfycat content and data will... by InvisibleUp on Sunday July 02, 2023 @11:35AM (#36562427)
Imgur is backed by venture capital. A stable, sustainable business isn’t enough; they have to make gobs of cash to repay their investors.
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Re:After September 1, 2023, all Gfycat content and data will... by hsjqllzlfkf on Sunday July 02, 2023 @03:12PM (#36564652)
I understand the need to expand given that you have investors. I was asking why they needed to get investors if they were profitable.
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Re:After September 1, 2023, all Gfycat content and data will... by z500 on Sunday July 02, 2023 @03:19PM (#36564714)
Sure, it is now, but why did it have to be? I don't remember them hurting for many or anything before the VC money came in, but nobody ever accused me of being too astute.
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Re:After September 1, 2023, all Gfycat content and data will... by luuurker on Tuesday July 04, 2023 @02:20AM (#36582889)
Yes, it's a sarcastic "have".
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Re:After September 1, 2023, all Gfycat content and data will... by hsjqllzlfkf on Tuesday July 04, 2023 @06:06AM (#36584554)
Got it. I would've written it like:

They were profitable but then they haaaaad to go and raise money.

:-)

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