No competition
A crowded market is actually a good sign, because it means both that there's demand and that none of the existing solutions are good enough. A startup can't hope to enter a market that's obviously big and yet in which they have no competitors. So any startup that succeeds is either going to be entering a market with existing competitors, but armed... See more
paulgraham.com • How to Get Startup Ideas
In a crowded market, you’re forced to innovate and evolve, but when you’re alone, stagnation can set in. Embrace your competitors, learn from them, and strive to get better each day. Toyota’s philosophy—“Better, better, better, never best”—perfectly captures this spirit: never stop improving, no matter how good you get.
Lenny’s Newsletter: Marc
... See moreInvestors need companies that don’t have much competition to start and that can build moats to prevent competition later. Startups whose success is predicated on a new, better technology rarely make the transition from innovator to dominant player. Technology in itself is usually not a moat, and companies that are based on introducing new... See more
reactionwheel.net • Productive Uncertainty
I’ve been studying consumer startups for a decade, and don’t know if I’ve seen a single one killed by competition.
99/100 times, your bigger and much more serious threat is user apathy.
Olivia Moorex.com