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Damnit, I liked Vidme and thought it could potentially become a decent competitor to YouTube. However, with the business troubles related to a video site, I su
by CM30 9y ago
Damnit, I liked Vidme and thought it could potentially become a decent competitor to YouTube.
However, with the business troubles related to a video site, I suspect there are only three plausible ways to compete here:
1. Have the video sharing site treated as a loss making venture run purely out of a love for the community. This is unlikely to happen when a corporation is involved (unless the CEO is a deeply religious/political individual who thinks it helps their spiritual/social goals), but could happen if you had an extremely dedicated, semi wealthy individual whose entire life revolved around running a video sharing site for fun.
2. Run the video site as a niche version, which is only open to a certain community and focuses heavily on a certain type of video. This was how Twitch took off, as well as how Discord originally marketed their chat service.
3. Somehow make the service decentralised so no one pays all the costs. This is how BitChute functions.
Either way, it's unlikely a startup or general business venture is going to be what topples YouTube here.