Or don't because Vimeo has little growth potential and a product that has gone stale. Also, imagine just how trivial it would be for YT to copy paste Vimeo's offering (long videos, no ads, etc) rn. My guess is that Vimeo is such a non-entity to YT that they haven't even bothered gobbling up the tiny niche.
I exaggerate, but it seems like they’re focusing on OTT, which provides full turnkey websites and apps you can slap your brand on and then fill with videos. Kinda the polar opposite of YouTube.
Personally, I don’t know how much future these 1000s of $12/mo subscription services have, but I’m far from the target market of like, all of them.
Cloudflare's offering isn't really designed for small creators who want to send rushes/pilots etc around without paying for a studio level security solution. Or marketing teams for non-critical video.
I think it's more like a paid version of YouTube for businesses without all of the YouTube baggage. The only downside is Vimeo's 10 year old, tiny video player design.
Edit: also relevant because YouTube terms changed so YT can place ads on any video.
DishTV also has no direct (pun intended) competition but it isn’t a buy. I don’t know anything about Vimeo but just stating the obvious: not having direct competition does not make something a buy automatically.
IAC had around 89 million shares outstanding. IAC shareholders received 1.6235 Vimeo shares for each IAC share in the spinoff. So there are about 144 million shares of VMEO. So, VMEO's market cap is around US$6.5 billion.
I just back buttoned my way back to this thread after looking for that exact same thing. The price still seems a bit high, can’t take a more educated guess without the cap though.. I couldn’t find it. Honestly though I’m surprised they’re even still alive, much less making it to IPO.
Edit sources say around 8b, up from 6 in January. It’s too rich imo for the business model they’re trying and their brand name
