Digital video camera are getting very cheap. It is very easy for people to make and share videos. Youtube.com makes it easy for people to upload, share videos, and watch other people's videos. It's a website filled with videos. People create funny videos, instructional videos, music videos, and alot more. Youtube.com was acquired by Google for $1.65 billions.
Problem: Video files are big and takes alot of bandwidth
Idea/Solution: Website + Upload videos + share videos + watch other people's videos + collection of videos + Search capability
Site: http://youtube.com/
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