Kim Dotcom is a master in marketing for sure. Even though his new upload platform features advanced technology - most notably encryption - I remain skeptical if it will be as successful as the original. The simple reason is that time has passed and consumer behavior has changed. At the time Kim's first endeavor started there were no established and affordable streaming services like Netflix that we have today. Today's customers are more willing to pay for good content if the price is right. That limits the attractiveness of a service like Megaupload 2.0.
The investment offer isn't attractive. It values Megaupload 2.0 at USD 100 million which is pretty steep for a business with zero existing revenues. You also have to consider the substantial risks of the business facing legal retaliation by copyright holders and the like. So there are clearly better ways to invest your funds (for example by buying Bitcoin
).
ya.ya.yo!
It's a gamble for sure!
I don't get your comparison to Netflix tho, Megaupload is not a streaming site, nor a site for piracy stuff!
A better comparison would be Dropbox, Onedrive, Jottacloud.
The BitCache part, is the most exciting part of it IMO. If it can provide a method for micro-transactions for media, (which is very much needed), that could possibly change some things!
But yes, it's very high risk!
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