this post was submitted on 02 Jul 2023
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[–] NewNewAccount@lemmy.world 21 points 2 years ago (2 children)
[–] PlebsicleMcGee@feddit.uk 57 points 2 years ago (1 children)

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

[–] themoonisacheese@sh.itjust.works 10 points 2 years ago (1 children)

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 5 points 2 years ago (1 children)

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?

[–] DarthBueller@lemmy.world 1 points 2 years ago

When I wanted to hear the audio, I would click through to get the video interface. Usually for pr0n.

[–] stebo02@lemmy.world -3 points 2 years ago (1 children)

how is shutting down a website profitable

[–] njinx@lemmy.world 9 points 2 years ago

The service is likely a money sink