We were huge fans of YouTube, but we are not creating content anymore because it’s simply not sustainable. YouTube is an awesome place to build a brand, but it is a horrible place to build a business.
— Jason Calacanis, who, according to the New York Times, “set off a mini-firestorm last summer when he published an article explaining why he thought YouTube’s terms were unfair”
This article originally appeared on Recode.net.
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