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After I started working on my idea, I found a firefox plugin with over 1 million downloads doing something extremely similar. And they had 12 guys with angel in
by ehsanul 16y ago
After I started working on my idea, I found a firefox plugin with over 1 million downloads doing something extremely similar. And they had 12 guys with angel investment working on it too. Yesterday I found Google has a plugin to do it as well, with over 60k users who love it, and another startup apparently has 4.5 million downloads of their plugin, also in the same space (partially at least).
And yet, all it does is motivates me to "kick ass", as you put it so well. Let it motivate you as well. Having competitors:
1. Validates the market for you
2. Makes you work harder and faster than you otherwise might have
3. Let's you see where they went wrong and avoid their mistakes and do what they did right, but better
- danilocampos 16y ago3 is a great point. Having competitors washes out to a boatload of free R&D. A bunch of mistakes you don't have to make. Learn everything you can about what your competitor has done and move forward. Who knows -- you might hit on something interesting mid-way through and pivot to an even better idea.