Youtube doesn’t have a large competitor challenging it for market share like other major companies do. There are plenty of streaming services, but YouTube is the only game in town when it comes to people generally browsing video content and following their favorite creators.
Coca-Cola has Pepsi. McDonald’s has Burger King. Toyota has Honda. Why doesn’t YouTube have one?
In: Economics
The first is that building some like YouTube is both incredibly difficult and incredibly expensive. Then you have to figure out how to monetize it, that requires users, and users are basically luck.
No way VC is going to throw dozens of billions after something that will almost certainly fail.
Only way to beat TouTube is through out flanking in some new area, like TikTok.
Latest Answers