you are viewing a single comment's thread.

view the rest of the comments →

[–]Justin[S] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

One of the major steps I am going to take once I have a workable product and before it is released to the general public is to reach out to various creators on youtube, focusing on ones who are actively looking for alternative platforms. My plan is to invite them to a closed demo of the website for three reasons: A] get feedback on the functionality from people who run successful Youtube channels B] build up a content library ahead of release so that there will be enough channels to justify a subscription and C] help spread the word about it. I think Youtube operates at or near a loss due mainly because anyone can upload a video, and so many of their uploads don't run any advertisements. If it's on a subscription model, every member that uploads a video is directly paying anywhere from $3-5 per month towards the websites infrastructure. Netflix for example, turns a profit of around a billion dollars last year and they guzzle bandwidth like it's no tomorrow.

I'm aware it's a monumental undertaking, but I think it's a risk vs reward situation and the reward is absolutely there. I'm continuously researching what infrastructure setups will be best in terms of storage, CDN providers, and so on. I'm sure the margins overall are going to be tight, but I think it would be sustainable enough to be a serious contender to Google, and let's be honest, SOMEBODY needs to challenge them.

[–]yetanotherone_sigh 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Certainly I'm not saying "don't even think about doing it". But I am really cautious after our near disaster almost wrecked us. Just wanted to make sure you know what you are getting yourself into. Best of luck, and I mean that genuinely. As you say, someone needs to do it.