It takes a lot more than that. Any upstart service nowadays needs some middle-man like Cloudflare to survive online against all the hacking and DoS attacks, and simply to save on bandwidth costs. The trouble there is, any alternative to Youtube is going to have stuff which is not kosher for Youtube, which is conspiracy theorists, the wrong kind of politics, "hate speech", copyright infringement, etc. which makes it untouchable by companies like Cloudflare.
In other words, if you don't set your standards exactly like Google and the large corporations dictate, you are not allowed on the internet: your services work like shit and all you have is diehard loonies for users.