Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
InvisibleUp
on July 2, 2023
|
parent
|
context
|
favorite
| on:
After September 1, 2023, all Gfycat content and da...
Imgur is backed by venture capital. A stable, sustainable business isn’t enough; they have to make gobs of cash to repay their investors.
hsjqllzlfkf
on July 2, 2023
|
next
[–]
I understand the need to expand given that you have investors. I was asking why they needed to get investors if they were profitable.
z500
on July 2, 2023
|
prev
[–]
Sure, it is now, but why did it have to be? I don't remember them hurting for many or anything before the VC money came in, but nobody ever accused me of being too astute.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
