Comment by DJPocari

I was just talking to someone yesterday about how strange it is that Giphy is on Snapchat, even though Facebook now owns it. I thought $400 million was a lot for a GIF platform, but in a world with $28 billion deals like Slack, it doesn't seem too far fetched. The more I think about it, the more it makes sense. It's not just a money making play, but a power play.