[gautamnarula]

I'm assuming you mean "better" from a user standpoint, so that's what my comment will address. YouTube is a great site for sharing videos, but there are still some barriers to upload. Forcing you to create account (and now all of this "real name" stuff that Google keeps trying to push) or log in is not an insignificant barrier to uploading.

Imagine a site where the focus was purely on sharing videos as effortlessly as possible. Basically, an imgur for videos. No login or account signup necessary. Drag and drop uploading. Simple user interface. YouTube has the market cornered for videos you want to share with a lot of people, but for a quick-and-dirty project video you just want to share with some friends, or something silly you may not necessarily want associated with an account that you post more serious videos on, there is definitely room for an alternative.