The difference to YouTube is that it's not intended to create a huge platform centralizing videos from the whole world on a single server farm (which is horribly expensive).
Other Framasoft's volunteers and salaried members also contribute to the PeerTube project on various aspects (strategy, communication, development, community animation). Nevertheless, PeerTube is not developed by a startup with a team of 50 people, and a workflow full of hyper-formatted processes.
PeerTube is a software created, developed and maintained by <a target="_blank" rel="noopener noreferrer" href="https://framasoft.org">Framasoft</a>, a French non-profit popular educational organization on digital issues. Framasoft has a French culture, respects French laws and is a political actor (« who participates in the life of the city-state ») of civil society.