VC to VIdCon Attendees: Amazon Is the Biggest Threat to YouTube
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As YouTube has grown since its 2005 launch, so too has the speculation over what company would emerge as its biggest rival. Hulu and Netflix are among the most often cited adversaries, but the serious opposition may come from a company whose core business has nothing to do with video: Amazon.
“The biggest threat to YouTube is Amazon,” said Mark Suster, partner at Los Angeles-based venture capital firm Upfront Ventures, during a keynote presentation Thursday morning at online video conference VidCon in Anaheim, Calif.
Mr. Suster said he’s discussed Amazon’s position to rival YouTube with top executives at the e-commerce giant. “I’ve had this discussion [with people] one level below the CEO [Jeff Bezos],” he said. “They get it, but they just have other priorities right now.”
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