InvestorsHub Logo
Followers 0
Posts 45
Boards Moderated 0
Alias Born 11/30/2011

Re: None

Wednesday, 03/07/2012 6:02:36 PM

Wednesday, March 07, 2012 6:02:36 PM

Post# of 28022
Re: concerning Raystream

I should note it's quite theoretically possible -- if they wanted to
-- for Raystream to try to become a legitimate company like Zencoder
and sell a useful encoding service. However:

1. They don't appear to have hired the relevant technical people to
be able to do this. Zencoder has had enough difficulty getting them
-- if you look at Hacker News, you'll often see their hiring posts
(they're a YC company, iirc). People who have wide-ranging technical
knowledge about multimedia are *shockingly* rare.

2. They have no real advantage over the existing competitors; they'd
be starting from a blank slate.

3. They will not be able to legally distribute anything that uses
x264 in it unless they open-source the whole software (i.e. GPL it) in
order to use the GPL version of x264. This will probably restrict
them to server-side activities. This is because we will not sell them
a commercial license. Unfortunately, CoreCodec had to sign an NDA to
start initial negotiations, so I can't give any details about what led
to this decision (beyond the obvious publicly-visible information,
which, to be fair, would be enough on its own).

The only advantage I can see is that they have slick marketing/sales
people, but even the world's best used car salesman can't sell a
product that doesn't exist. And why bother trying when you can just
run off with the money from investors who aren't paying enough
attention? ;)

If you have any other questions in the future, I'd be happy to try to answer.

Jason
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.