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Online video platform Vimeo plunges on Nasdaq debut following spin-off

26 points by doppp 5y ago

Bancakes 5y ago
All other youtube alternatives suck. Buy.
- oth001 5y ago
  Buy?
  - ArchOversight 5y ago
    Buy the shares, as there is no other competitor is how I am reading that...
    - mcny 5y ago
      DishTV also has no direct (pun intended) competition but it isn’t a buy. I don’t know anything about Vimeo but just stating the obvious: not having direct competition does not make something a buy automatically.
- halfway_there 5y ago
  They actually had a major pivot to content creation a few years ago, and could now be considered more of a partner than a competitor to YouTube
- arkitaip 5y ago
  Or don't because Vimeo has little growth potential and a product that has gone stale. Also, imagine just how trivial it would be for YT to copy paste Vimeo's offering (long videos, no ads, etc) rn. My guess is that Vimeo is such a non-entity to YT that they haven't even bothered gobbling up the tiny niche.
  - deleted 5y ago
    [deleted]
- brigade 5y ago
  They don’t want to be anything like YouTube, they want to be a video hosting backend instead.
  - gogopuppygogo 5y ago
    Cloudflare now does this for $5/month for 1,000 minutes of video. https://www.cloudflare.com/products/cloudflare-stream/ https://www.cloudflare.com/products/cloudflare-stream/
    - ashraymalhotra 5y ago
      Cloudflare is comparable to https://mux.com/ https://mux.com/, not Vimeo. Vimeo's embed settings are supposed to be directly used by marketing teams, not developers.
      - toomuchtodo 5y ago
        Could Cloudflare and Mux not copy Vimeo’s embed tooling?
    - brigade 5y ago
      I exaggerate, but it seems like they’re focusing on OTT, which provides full turnkey websites and apps you can slap your brand on and then fill with videos. Kinda the polar opposite of YouTube. Personally, I don’t know how much future these 1000s of $12/mo subscription services have, but I’m far from the target market of like, all of them.
      - deleted 5y ago
        [deleted]
    - akudha 5y ago
      $1 per 1000 minutes. If one 10 minute video becomes semi popular, let’s say 100k views, that is 1M minutes, and a $1000 bill. That’s For one semi popular video! This is insanely expensive for nearly everyone except mega corporations with huge budgets
- rwmj 5y ago
  How will vimeo make money? I've never seen an advert on the platform.
- homero 5y ago
  Vimeo has been the worst video site I've been on.
etaioinshrdlu 5y ago
Does anyone know what the market cap is? I don't see it.
- LimaBearz 5y ago
  I just back buttoned my way back to this thread after looking for that exact same thing. The price still seems a bit high, can’t take a more educated guess without the cap though.. I couldn’t find it. Honestly though I’m surprised they’re even still alive, much less making it to IPO. Edit sources say around 8b, up from 6 in January. It’s too rich imo for the business model they’re trying and their brand name
- Animats 5y ago
  IAC had around 89 million shares outstanding. IAC shareholders received 1.6235 Vimeo shares for each IAC share in the spinoff. So there are about 144 million shares of VMEO. So, VMEO's market cap is around US$6.5 billion.
- samspenc 5y ago
  I think the other comments have notes about the market cap, but wanted to add another detail I found. Vimeo's annual revenue is $200 million [1] or so. It's not profitable yet. Meanwhile, Youtube brings in $20 billion a year [2] for Google. I didn't realize how big the disparity was, but Youtube is 100x (!) the size of Vimeo at least in terms of revenue. [1] https://www.nytimes.com/2020/04/17/business/vimeo-anjali-sud.html https://www.nytimes.com/2020/04/17/business/vimeo-anjali-sud... [2] https://www.cnbc.com/2021/04/27/youtube-could-soon-equal-netflix-in-revenue.html https://www.cnbc.com/2021/04/27/youtube-could-soon-equal-net...
bruhhh 5y ago
WHO THE FUCK CARES? WHY IS THIS SHITPOST ON FRONTPAGE?

26 points by doppp 5y ago

Bancakes 5y ago

All other youtube alternatives suck. Buy.

oth001 5y ago
Buy?
- ArchOversight 5y ago
  Buy the shares, as there is no other competitor is how I am reading that...
  - mcny 5y ago
    DishTV also has no direct (pun intended) competition but it isn’t a buy. I don’t know anything about Vimeo but just stating the obvious: not having direct competition does not make something a buy automatically.
halfway_there 5y ago
They actually had a major pivot to content creation a few years ago, and could now be considered more of a partner than a competitor to YouTube
arkitaip 5y ago
Or don't because Vimeo has little growth potential and a product that has gone stale. Also, imagine just how trivial it would be for YT to copy paste Vimeo's offering (long videos, no ads, etc) rn. My guess is that Vimeo is such a non-entity to YT that they haven't even bothered gobbling up the tiny niche.
- deleted 5y ago
  [deleted]
brigade 5y ago
They don’t want to be anything like YouTube, they want to be a video hosting backend instead.
- gogopuppygogo 5y ago
  Cloudflare now does this for $5/month for 1,000 minutes of video. https://www.cloudflare.com/products/cloudflare-stream/ https://www.cloudflare.com/products/cloudflare-stream/
  - ashraymalhotra 5y ago
    Cloudflare is comparable to https://mux.com/ https://mux.com/, not Vimeo. Vimeo's embed settings are supposed to be directly used by marketing teams, not developers.
    - toomuchtodo 5y ago
      Could Cloudflare and Mux not copy Vimeo’s embed tooling?
  - brigade 5y ago
    I exaggerate, but it seems like they’re focusing on OTT, which provides full turnkey websites and apps you can slap your brand on and then fill with videos. Kinda the polar opposite of YouTube. Personally, I don’t know how much future these 1000s of $12/mo subscription services have, but I’m far from the target market of like, all of them.
    - deleted 5y ago
      [deleted]
  - akudha 5y ago
    $1 per 1000 minutes. If one 10 minute video becomes semi popular, let’s say 100k views, that is 1M minutes, and a $1000 bill. That’s For one semi popular video! This is insanely expensive for nearly everyone except mega corporations with huge budgets
rwmj 5y ago
How will vimeo make money? I've never seen an advert on the platform.
homero 5y ago
Vimeo has been the worst video site I've been on.

etaioinshrdlu 5y ago

Does anyone know what the market cap is? I don't see it.

LimaBearz 5y ago
I just back buttoned my way back to this thread after looking for that exact same thing. The price still seems a bit high, can’t take a more educated guess without the cap though.. I couldn’t find it. Honestly though I’m surprised they’re even still alive, much less making it to IPO. Edit sources say around 8b, up from 6 in January. It’s too rich imo for the business model they’re trying and their brand name
Animats 5y ago
IAC had around 89 million shares outstanding. IAC shareholders received 1.6235 Vimeo shares for each IAC share in the spinoff. So there are about 144 million shares of VMEO. So, VMEO's market cap is around US$6.5 billion.
samspenc 5y ago
I think the other comments have notes about the market cap, but wanted to add another detail I found. Vimeo's annual revenue is $200 million [1] or so. It's not profitable yet. Meanwhile, Youtube brings in $20 billion a year [2] for Google. I didn't realize how big the disparity was, but Youtube is 100x (!) the size of Vimeo at least in terms of revenue. [1] https://www.nytimes.com/2020/04/17/business/vimeo-anjali-sud.html https://www.nytimes.com/2020/04/17/business/vimeo-anjali-sud... [2] https://www.cnbc.com/2021/04/27/youtube-could-soon-equal-netflix-in-revenue.html https://www.cnbc.com/2021/04/27/youtube-could-soon-equal-net...

bruhhh 5y ago

WHO THE FUCK CARES? WHY IS THIS SHITPOST ON FRONTPAGE?