Popular animated gifs hosting service gfycat.com is shutting down on September 1, 2023 and all hosted content will no longer be accessible at that point.
Our entire Internet enjoyment has been heavily subsidized by venture capital for the last 30 years which hoped to monetize us more than they have been able (believe it or not).
Forreal, what’s going on? Why does it seem like so many separate sites are suddenly so much worse/going downhill quickly?
Billionaires bought the internet and now they’re realizing that it isn’t profitable.
Our entire Internet enjoyment has been heavily subsidized by venture capital for the last 30 years which hoped to monetize us more than they have been able (believe it or not).
Now they are calling in their bets…