Thread 106569470

I know that's a lot of money. A billion dollars.
But damn.
Google bought Youtube for about a billion in like 2006. And like 20 years later its biggest competitor was only worth about a billion too. I read somewhere that Youtube is worth $500 Billion today.
I dunno, just reminds me of how unstoppable Youtube really is.

>Bending Spoons
Wut. Never heard of them. Is this a good or a bad thing?

>>106569501
It's Private Equity it's always bad
most likely they will just shove every single ad they can into the platform

>>106569535
vimeo was already dead anyways

>>106569470 (OP)
Is there even any reason to upload videos on places that aren't Youtube?

I don't get this though. Isn't the actual video backend easy to set up? The real money is in getting people to be click junkies with fent tier algos which vimeo has none of

>>106569501
They appear to be more or less tech gravediggers. Buy whatevers cheap that still has a shitload of customers but otherwise ran out of road - Evernote ring a bell? Cut R&D expenses to $0, drop the product free tiers, turn the price up to 11 on the paid tiers and hope you still have enough idiots locked in to make your purchase cost back. This all does not sound like Great News for Vimeo desu. Nor for their corporate customers still locked in to their platform. And you can certainly fucking forget them 'challenging YouTube' - be miraculous if still around in another 5 years or so.

>>106569501
It’s bad, the “company” only buys IPs and fire people. There’s nothing suggesting they’re a real company who sells products. They fail to maintain products and IPs, they only just own them now.

>>106569636
>tech gravediggers
*graverobbers

>>106569470 (OP)
More money disappearing to fund somebody's exit bonus. Vimeo is not worth 1.38 billion lmao.

>>106569821
It's maybe not worth $1.38 bn on paper currently, no. But they already abandoned their original filmmaker market and pivoted to business/corp clients with slightly better than YouTube (for business) video platform. And those same customers are about to get screwed. And if you can extort $1.39 bn in fees back out of them before they've had time and inclination to jump ship and Vimeo completely collapses, you won.

>>106569470 (OP)
>>106569501
Main thing they do is acquire an existing product and then monetise the userbase.
The most prominent acquisitions are Evernote, WeTransfer, Komoot and IAC.
They are also behind the Italian covid tracker app which failed miserably.

>>106569892
I know, I used to work for a firm that used Vimeo as their primary video host. It's gross to see this all happening in real time as they scramble to redefine "recession".

>>106569609
Vimeo these days is mostly used for paywalled stuff like online courses.
Not that it's secured though.

What Vimeo did... it was a pretty good site for professional showcasing their work and whatnot but one day I couldn't find my showreel after couple of years or so. Not with google, or not with Vimeo's own search... I contacted them and they took it down. This happened way before they sold this place, like in early 2020s or so.
What does this mean? I'm surprised about that 1.38 bil. Seems way excessive.

>>106571488
>pretty good site for professional showcasing their work
Where had those people gone to now?

wonder if someone will archive it

>>106569609
videos are in original quality and you can download it in original quality. youtube significantly lowers the quality of all videos uploaded.

>>106572612
never mind. the site has changed a lot since i last used it.

>>106569470 (OP)
bending spoons is an elaborate scheme to launder money, they've already bought early 2010s unicorns that aren't remembered by anyone, and make the situation worse, all of which doesn't make any financial sense
t. an italian

>>106572140
most probably youtube but I found something nice while searching called kinescope

>>106569470 (OP)
>european
rip vimeo, they are going to nuke all 18+ artistic nudity videos