Other viewers will need to wait for transcoding to finish before you can share with them, though.
Cloud storage, like the kind you get from Google Drive, can get away with being pretty bare-bones; at the minimum, it just needs to provide a way to upload files, and a way to later retrieve them. Of course, competition drives innovation, so it's little surprise that most of the major cloud players offer much richer experiences than just that, with everything from automated backup tools to advanced sharing options. And today we're hearing about a new addition that makes using Google Drive with video files quite a bit nicer.