Ask HN: So what if Ooyala does that?
Need some fresh advices here. Ystd I posted that we lauched a public alfa of our product here: http://news.ycombinator.com/item?id=1804028 And today we got this http://techcrunch.com/2010/10/19/ooyala-launches-video-paywall-powered-by-paypal/ We know all our competitors and their products quite well( including ooyala) but still it was a bit stressful for us to get that in news.
Our strong points: 1) Much more solid platform for paid premium video content (they have like 10% of it so far) 2) Its not a feature in $2k+/month product its a core of our business model with $0-50/month subscription. 3) WE TRY HARDER.
Their strong point 1)$22m investment is enough to copy all our features(we are small team of bootstrapping hackers) 2)Well-known company vs startup that launched recently(they have clients, traction etc)
Any strategy advice is appreciated. Thanks in advance!