Investor Says Amazon Could Take on YouTube
Compares video site's domination to Walmart's
YouTube is like the Walmart of video, argued venture capitalist Mark Suster Thursday at the VidCon conference, explaining that the Google company is so dominant that video creators essentially have no choice but to build a brand on the platform.
But given the 45 percent cut of revenue that YouTube takes, there is a desire within the industry to have other options, said Suster, who was an early investor in the YouTube network Maker Studios. (He is currently a partner at the firm Upfront Ventures.)
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