*By Conor White* Giphy, the internet's largest search engine for gifs, is turning its attention to advertising ー and it has a simple strategy. "We need to make ads that don't suck," said Adam Leibsohn, the company's COO. "We always say, you should entertain, not advertise." Giphy has worked on six- and seven-figure deals with major brands like [Absolut Vodka](https://giphy.com/absolutvodka) and [Dunkin' Donuts](https://giphy.com/dunkindonuts), as well as a campaign for the film ["Sorry to Bother You"](https://giphy.com/sorry2botheryou). Leibsohn said Monday in an interview on Cheddar the advertising angle is a natural approach for Giphy. "Paid search is our revenue model," he said. "So, you can basically place content in relevant searches, so that your content comes back as the first result, and then people use it a lot more." With 300 million daily active users who serve up 5 billion gifs, Leibsohn said, the platform is looking to turn a profit for the first time in its five-year history. "People really love to use \[gifs\], in messaging, in communication, in social," Leibsohn said. "What we've been starting to do is work with brands to help them get involved in those conversations." Though the company isn't openly discussing its revenue goals, Leibsohn said he expects significant growth, thanks to the new partnerships ー and he doesn't expect the public to get sick of the medium any time soon. "It's not really fatigue because every day a different piece of culture, a different piece of content is what's driving the conversation, so as long as culture remains moving, gifs remain popular." For full interview, [click here] (https://cms.cheddar.com/videos/VmlkZW8tMjE5OTQ=).

Share:
More In Technology
Space Junk Set to Crash Into Moon
Adam Battle, research assistant at University of Arizona's Lunar and Planetary Laboratory, joins Cheddar News to discuss space junk heading to the moon and if more should be done to prevent space junk in the future.
Tech Companies Take Action To Protect Ukrainian Employees
The capital of Kyiv is home to more than 1,000 tech startups. Some of the prominent tech companies founded in Ukraine include names like 'Grammarly' and 'GitLab,' but even companies that aren't based in Ukraine rely on the massive amount of tech talent in the country. Andy Kurtzig, CEO of Justanswer, joins Cheddar News to discuss how he's aiding hundreds of his employees in Ukraine.
Jack Dorsey-Backed CoinList Establishing Itself in Crypto Ecosystem
Mark Clerkin, Head of Trading at CoinList, joins Cheddar News' Closing Bell, where he elaborates on the range of features his platform offers, from investing in up-and-coming tokens to trading, and says his company is eager to partner with Block CEO Jack Dorsey on future projects.
Pianity Raises $6.5 Million in Seed-Round Funding to Create the Next Generation of Music Platforms That Leverages NFTs
Music-focused NFT platform Pianity raising $6.5 million in a seed funding round. Pianity has developed a marketplace that allows musicians to sell their tracks as limited edition NFTs. Since its launch last year, the company says it has already sold 11,000 NFTs and artists have earned over $1.1 million from NFT sales. Kevin Primicerio, co-founder and CEO of Pianity, joins Cheddar News' Closing Bell to discuss.
ZipRecruiter CEO On Navigating The Tight Labor Market
ZipRecruiter reported revenue growth for the fourth quarter of 2021 and raised its forecast for the coming year, beating Wall Street expectations. The recruitment site has benefited from one of the tightest labor markets in history as companies desperately try to fill empty positions. Ian Siegel, CEO of ZipRecruiter, joined Cheddar to discuss how the company has adapted to The Great Resignation, a tight labor market, and record inflation.
Ford Splits EV Unit from Traditional Autos
Ford is looking to charge its electric business forward -- splitting its EVs and legacy internal combustion engine models into separate units. Ford says the split will streamline its EV business and boost profits, while giving it a better competitive edge. Ford's new EV focused business will be called Ford Model e. Greg Martin, Co-Founder, Rainmaker Securities joined Cheddar's Opening Bell to discuss.
Load More