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People want viable services not "tech". Red flag: both their concept as well as name have YT's brand name in it. The equivalent of calling your company "Uber f

People want viable services not "tech". Red flag: both their concept as well as name have YT's brand name in it. The equivalent of calling your company "Uber for X". I'm all for decentralization where it makes sense - but this seems like they might be shooting themselves in the foot everywhere EXCEPT the tech (which, ultimately won't matter if they fail). From the article: "Online since March 2018 in a beta version, the project should definitely take off by October, based on the money raised." Beta + $60k + 6 more months time = Success? Against a practical content monopoly. As a guy currently doing the start-up dance - this kind of optimistic naivety almost offends me.

noitsnot 8y ago
$60k is mind-blowingly low. I wouldn't expect much, if anything from this site.
- KaoruAoiShiho 8y ago
  It got to the top of HN. That speaks to a tremendous demand. Most startups fail not because of money raised but because they don't have product market fit. People want this product to exist, but... the question is, will they actually use it. lol.
  - parent5446 8y ago
    The audience of HackerNews is vastly smaller than the audience of YouTube.
    - KaoruAoiShiho 8y ago
      It's a decent audience, plenty of mainstream products started with a HN audience. reddit, dropbox, etc.
    - r00fus 8y ago
      PeerTube is not trying to replace YouTube. So the target markets don't have to overlap or even look similar. If PeerTube is successful YouTube will most likely still exist and be dominant.
  - hobofan 8y ago
    > It got to the top of HN. That speaks to a tremendous demand. No it doesn't. It might just mean that enough people found it "neat" or interesting, but nobody should mistake a HN frontpage spot for "tremendous demand". It might also just mean that they used the right hype buzzwords at the right time.
  - lrem 8y ago
    To put a number on that tremendous demand: 540 people found the idea worth discussing with like-minded people.
- franciscop 8y ago
  That would be a very good 1 year salary for Spain. In most parts of Spain (except the big cities) you can easily live 2 years with that. I expect France to be similar price-wise.
andypants 8y ago
They're not raising 60k to defeat youtube. They're raising 60k to complete a piece of software that does some of what youtube does in a different way. That's it. It's an open source project, they're not running on official peertube instance with the goal of being anything more than a demo of the software they're writing.

noitsnot 8y ago

$60k is mind-blowingly low. I wouldn't expect much, if anything from this site.

KaoruAoiShiho 8y ago
It got to the top of HN. That speaks to a tremendous demand. Most startups fail not because of money raised but because they don't have product market fit. People want this product to exist, but... the question is, will they actually use it. lol.
- parent5446 8y ago
  The audience of HackerNews is vastly smaller than the audience of YouTube.
  - KaoruAoiShiho 8y ago
    It's a decent audience, plenty of mainstream products started with a HN audience. reddit, dropbox, etc.
  - r00fus 8y ago
    PeerTube is not trying to replace YouTube. So the target markets don't have to overlap or even look similar. If PeerTube is successful YouTube will most likely still exist and be dominant.
- hobofan 8y ago
  > It got to the top of HN. That speaks to a tremendous demand. No it doesn't. It might just mean that enough people found it "neat" or interesting, but nobody should mistake a HN frontpage spot for "tremendous demand". It might also just mean that they used the right hype buzzwords at the right time.
- lrem 8y ago
  To put a number on that tremendous demand: 540 people found the idea worth discussing with like-minded people.
franciscop 8y ago
That would be a very good 1 year salary for Spain. In most parts of Spain (except the big cities) you can easily live 2 years with that. I expect France to be similar price-wise.

andypants 8y ago

They're not raising 60k to defeat youtube. They're raising 60k to complete a piece of software that does some of what youtube does in a different way. That's it. It's an open source project, they're not running on official peertube instance with the goal of being anything more than a demo of the software they're writing.