Everyone is building a YouTube competitor. Right?
Not exactly — though it’s easy to see why a well-resourced company would want to.
Why? Because, quite frankly, there is nothing else quite like YouTube. Sure, there are some competitors in the video space that are open platforms with video embed functionality like Dailymotion and Vimeo. But neither have the competitive scale.
But as we’ve learned repeatedly over the past year, YouTube is not exactly the best for building a profitable business if you rely solely on it for revenue. And where there’s weakness, there’s opportunity.
And there’s a handful of companies gunning to take a bite out of YouTube’s business.
Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc