"So what should I do now? Keep on pursuing this idea of my knowing that there is another well-funded startup that has a 2 year head start ahead of me? Drop the

"So what should I do now? Keep on pursuing this idea of my knowing that there is another well-funded startup that has a 2 year head start ahead of me? Drop the idea, and think about the second on my list?" That depends. Is it a big market? Every Coke has a Pepsi, you know and every Nike has a Rebock and Adidas, a New Balance, and ... you get the idea. You just have to be sure that you can find a way to get a piece of that pie. Is there a certain niche you can target? Are you really able to do something at least comparable to the others, or even better? You may need a team or to find your own funding to compete. And I wish you the best of luck!