YouTube co-founder prepares new video service based on collaboration

The concept of YouTube has certainly been imitated over the years. With sites like Vimeo and Dailymotion, people can find nearly any video that they want online. However, competition has not been the only headache that has plagued YouTube since its launch. The website had to wade through copyright lawsuits and other burdens that come with running a large and popular website. The co-founders Steve Chen, Chad Hurley, and Jawed Karim eventually sold the company to Google in 2006.

It now seems that one of those co-founders, Chad Hurley, is planning to launch a potential competitor. During an interview with Kevin Rose, founder of Digg and current Google Ventures partner, Hurley stated that the service will be based around users working together to create content. “I wish [SXSW] was a month later because I could unveil the new product,” said Hurley.

Hurley is definitely not out to kill YouTube as he stated, “there’s always going to be a place for YouTube.” He instead wants to take the idea of YouTube and pair it with more collaboration features, instead of focusing on individual users controlling most of the content.

So what do you think? While there are no concrete details out yet, do you think this service could potentially win some YouTube users over?