Following UK antitrust order, Meta sells Giphy to Shutterstock for $53M
I’m fascinated by the economics of image sharing sites. They fill a fundamental need to share images across other platforms but they seem expensive to run and difficult to monetize.<p>Have there been successful image hosters that weren’t just spending money to capture users in order to sell out or eventually enshitten (imgur, giphy, imageshack)?<p>Shutterstock is selling prints so it will be interesting to see what they do with giphy.<p>I remember when Imgur started and they were really nice and seemed to be a low cost (I think only one employee) so they could host barebones without making the experience bad for users (ads, data mining, etc).