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Vimeo is a Mac of video hosting websites. I mean it's quite known and popular, but it's hard to be taken seriously comparing to 'that other competitor'
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I wish you could see how hard I’m rolling my eyes right now.
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On the other hand, anyone who's prepared to invest a little time in making a small-scale, non-shit version of YouTube, with the intention of scaling it up in the coming years, could find themselves rather rich.
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Nah. Taking on Youtube simply isn’t possible by starting small, it would mean a competitor couldn’t offer what Youtube can – large audiences, big ad paychecks, and lots of bandwidth.