After September 1, 2023, all Gfycat content and data will be deleted

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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