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With 300 million daily users and every major media company as a partner, Giphy’s got a feeling it can shake up the internet advertising business.

In Six Seconds, Giphy Could Make Billions

CEO Alex Chung [Photo: Emiliano Granado]

BY Nicole LaPortelong read

On a mild Sunday evening in September, a handful of staffers from Giphy gathered in its Los Angeles studios to watch the Emmy Awards. The group congregated in the sleek, modernly furnished space that normally serves as a reception area, and they commandeered the minimalist black couch that is usually for waiting guests, the one opposite the wall of flat-screen TVs that during the week showcases rotating clips from its service.

The vibe felt a bit like a dorm room, as they sat with laptops perched on knees and La Croix cans stationed within arm’s reach, but this is only incidentally a social event. The Giphy folks have been tasked by the Emmys producers to “live GIF” the show, creating those seconds-long video loops used to enliven digital conversations and get shared. The effect is a dizzying bit of pop culture meta-commentary: The show’s value is unlocked in a handful of moments that can be used to comment on the show itself—and then punctuate life’s little moments long after the Emmys are over.

By the time host Stephen Colbert was high-kicking through the opening number along with a group of hooded dancers—a nod to what would be the night’s big winner, The Handmaid’s Tale—Giphy’s team had already populated its homepage with such red carpet preshow gems as Insecure‘s Issa Rae giving a signature “whatever” gesture in her Vera Wang gown, and Better Things creator and star Pamela Adlon deadpanning, “I probably clog my toilet seven to 10 times a week.”

Then came the night’s biggest, and most controversial, moment: Former White House press secretary Sean Spicer rolled a faux presidential podium onto the stage to deliver a send-up of his infamous “largest audience” speech he gave the day after President Trump’s inauguration. Immediately, the Giphy crew began to splice the scene into GIF form. Part of Giphy’s genius lies in not posting the obvious clip, so Spicer himself wasn’t of much interest. Rather, they surveyed the sea of shocked and bewildered faces in the audience, looking for gold. They found it in Veep‘s Anna Chlumsky, her entire body contorted into an OMG expression—eyes bulging, neck veins popping—as she craned out of her seat for a better view of the strange performance. Within minutes, the editors had the three-second clip uploaded onto Giphy. It began to trend almost immediately. A week after the show, it’d been viewed more than 13 million times.

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ABOUT THE AUTHOR

Nicole LaPorte is an LA-based senior writer for Fast Company who writes about where technology and entertainment intersect. She previously was a columnist for The New York Times and a staff writer for Newsweek/The Daily Beast and Variety More


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