Congrats! Few questions I have - I'm also not knowledgable about the space, so forgive me if they come off a bit naive.<p>1. Can you give me an example of how a company would use Mux? I can't quite grasp that from this page alone + looking through your homepage. Are you hosting video? Plugging into 3rd parties for metrics?<p>2. Is Zencoder still around? How did your successes / failures there translate into Mux, both from a tech / product standpoint & a management / operations standpoint.<p>3. You discuss how Netflix is only the size of a more niche channel like Discovery. Even so, it's large in the realm of online video - how do you aim to protect your product / strategy from being swallowed up or replicated from Youtube or Netflix, who are big fish even in the cable / satellite video world & even bigger in the smaller pond of online video?<p>Again, congrats & best of luck to the team going forward.