I just came across an interesting site known as StartYourTube.com, which has a very good catchphrase: "YouTube sold for $1.6 billion. How much will you sell yours for?". Looking through the website, and being tempted to create my own tube right away (despite not being even an active bystander at YouTube - I rarely watch videos myself), I was surprised that they don't seem to have a viable business model. They're even giving out $500 every month for the top "tubes".
Okay, so you can create your own YouTube-style site, you can customize its colors and logo, you can even mask it with your own domain. What's in it for the creators of StartYourTube? They don't even get a portion of your ad revenue, should you choose to put ads on your site.
With the opening up of the YouTube API I wouldn't be surprised if StartYourTube.com wouldn't see the end of this year.
