No, you just suck at the most important thing in startups which is marketing and sales I think @pmarca said something like this: If you can't manage to figure out how to get in touch with all the VCs and convince them to invest You probably also can't figure out ... See more

Most founders really overthink competition. Every day I hear great ideas, followed by “but so and so is already in the space.” Certainly *think* about competitors, but just because there are 3 or 10 or 100 companies in the space doesn’t mean you can’t build a huge company.