YouTube is an amazing site.  I spend a lot of time there browsing mostly music and training videos.  I am impressed with the number of features they have introduced over the years.

They just released their latest feature that allows you to edit video online using the Youtube Video Editor.

I would have put Youtube in the Platform as a Service (PaaS) category a long time ago with their API and embed tools.

However with the ability to edit videos online they truly have graduated to a mature cloud video platform.  Why would you build your own when you can use YouTube.

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