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Gfycat is shutting down September 1st(gfycat.com)

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blaise@champserver.net
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The Gfycat service is being discontinued. Please save or delete your Gfycat content by visiting https://www.gfycat.com and logging in to your account. After September 1, 2023, all Gfycat content and data will be deleted from gfycat.com

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MaybeItWorks@sh.itjust.works
41 points

Storage is just the loss leader of the internet, really. Companies will take the loss for access to the data.

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cerevant@lemmy.world
8 points

Free storage. Backblaze is doing just fine.

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MaybeItWorks@sh.itjust.works
14 points

That is why I called it a loss leader. It is meant to attract people to the ecosystem (hence free), not be the product itself. Of course if you are appropriately creating, pricing, and selling low cost storage as a business model, you will nail it.

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Nittick@lemmy.world
1 point

And hosting

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Nittick@lemmy.world
5 points

And hosting

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MaybeItWorks@sh.itjust.works
5 points

Eh, your average bear isn’t doing a bunch of hosting. Sure there are folks who do, but the vast majority of the population does not give a shit about hosting. They do care when you interrupt their photo/video storage, though.

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