4 ms·

> YouTube has historically not returned a net profit (and I haven't heard of that situation changing). I'm sure that's what Google's accountants would love us

• vasco 2y ago
  Not sure, one could say they use their dominant search position and revenue to serve video at a loss and distort the market, making it very hard for anyone without an existing money printing machine to bootstrap a profitable video site. See vimeo.
  • alickz 2y ago
    that was my assumption when i read they weren't profitable and also that streaming and storing video at that scale is almost a natural monopoly, with how much it must cost and how hard it would be to compete without existing resources