Making it easier for people to create competitors to YouTube (and Netflix and Snapchat and Facebook and...) is exactly the reason we built this. Doing video at scale is far too difficult and, as video becomes more important, that difficulty is creating a barrier that keeps new entrants from getting into the market. We want to be a part of helping solve that.

Speaking about monopoly, there are many competing video hosting services in China. That's a quite fruitful competition among them, leading to many of them try to find the niche for itself and lean to some user category or other.