Video sharing sites are hugely popular. From YouTube and Vimeo to Twitter’s short video sharing social network Vine, video is fast becoming the favored medium of many online creatives. The increasing prevalence of smartphone cameras capable of recording high quality video and immediately uploading them to the Internet creates an enormous volume of video data.

That popularity creates an opportunity for web entrepreneurs to build sites that provide a space for the video sharing requirements of niche markets and communities. Back in the day, those groups were catered to by forums, but, in the coming years, video sharing and the communities that grow around them will become increasingly important. Read more