I didn't even look at the website to see they offered a paid service. Looking now -- even aside from potential license issues -- at risk of making yet another HN Dropbox comment, I'm curious how viable that is as a business model. What's being offered here? Running ffmpeg on their servers?
You'd figure anyone with a project with enough throughput for their "most popular" tier (5TB/month, 1000 requests/minute) and a budget of $165/month for video processing, they could wire up something on their own servers with not much effort. Even barring the cost of the service, I imagine it'd be cheaper to run that processing yourself staying within the server than it would be to upload it to another service and then download it again for thousands of videos.
Am I missing something?