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Gfycat.com shuts down on September 1 and all Gifs will be taken down
(www.ghacks.net)
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this post was submitted on 02 Jul 2023
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Forreal, what's going on? Why does it seem like so many separate sites are suddenly so much worse/going downhill quickly?
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...
Billionaires bought the internet and now they're realizing that it isn't profitable.