Yogesh Sharma dismisses online video sharing services such as YouTube and Grouper with a flick of the wrist. He believes Pictureal is what most people with a movie camera want. The service accepts home videotapes in the mail and converts them into an edited product that is accessible online and on a DVD. And unlike most video startups that are basing their businesses on advertising, Picturereal charges about $29 per hour of tape that is edited.

Sharma believes this is a major opportunity since he says that 60 million videocameras have been sold in the United States. The company raised $2 million from Draper Fisher Jurvetson in 2004 and is now seeking a $10 million second round of funding. Listen to him speak below.