> YouTube was worth way more than other video sharing sites I believe YouTube was the first site that solved the fairly difficult problem of embedding video in

> YouTube was worth way more than other video sharing sites I believe YouTube was the first site that solved the fairly difficult problem of embedding video in your blog and sharing video by taking advantage of the then-new Flash media server and doing some clever transcoding of videos to Flash video format without having the servers melt down. Prior to YouTube, you had to download proprietary ActiveX plugins to run video (RealPlayer). They were in the right place at the right time and had the right technology to use.