Heh, when Youtube first appeared my reaction was “Wow, that’s a really well done video service, too bad it’s going to be dead in 6 months.”
I had seen many video services come and then go when they burned up their VC on bandwidth bills or got buried in lawsuits from every single media cartel. Early Youtube wasn’t even plastered with advertising like so many of the failed services. Of course now we have those obnoxious interstitial ads and completely one-sided removal policy.