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After September 1, 2023, all Gfycat content and data will be deleted from gfycat.com(gfycat.com)

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After being purchased by Snapchat, it appears that gfycat has been abandoned.

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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progandy@feddit.de
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It is not only the pandemic. Even before, during the last decade or so, they got the VC investments. Now with rising interest rates and the shift to AI capital is drying up for the web2.0 bubble.

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Telodzrum@lemmy.ml
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Yeah, painting this as a downstream effect of the pandemic is just wrong. This has been coming for a long time and would have happened no matter what caused interest rates to rise.

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Telodzrum@lemmy.ml
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