However, Vimeo got in touch and told me about their plans... specifically what's going into the new version and what other stuff they have on their roadmap. I can honestly say vimeo is the most beautiful web property I've ever seen [*], not just that, they also provide a top product/service, and host a great community of passionate people who create some of the most beautiful online videos I've ever seen. (examples: Vietnam travel report, Sabian cymbals taking advertising to a whole new level in this video with my musician hero Mike Portnoy, a city time lapse video)
From what I can tell, they also do product management well: they know what their territory is, and how to cultivate it through stellar community management. They are not a general purpose video site and hence do not compete directly with YouTube or Facebook.
And now, I have the opportunity to be a part of that. After much pondering I decided to go for it. Resigning at the university was hard but smooth, I felt I had to take this chance and they were very supportive.
I'll be working on the infrastructure/backend side of things, I'm actually working on transcoding infrastructure right now. Working from my place in Ghent, a move to NYC at some point in the future might happen, but we'll see...
[*] When they told me the new version would be more appealing than the old, I couldn't believe that's possible. but to my own surprise they succeeded.