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Like someone else said, this is validation that your idea has legs! You can proceed knowing that at least someone thinks there's money in this space. Consider
by Jemaclus 5y ago
Like someone else said, this is validation that your idea has legs! You can proceed knowing that at least someone thinks there's money in this space.
Consider competitors like Stripe/Square, Uber/Lyft, Instacart/Shipt, NewRelic/Datadog/AppDynamics/Sentry, or even the sheer number of burger joints in your city. You are not automatically screwed because someone else had a similar idea!
Further consider that even if you had a totally unique idea, someone else could just copy it for the same reasons as above! "Did you see HNBurner123's new startup? It's a great idea. I bet we could do something similar even faster." Not to discourage you or anything with that thought, but it's a fact of life -- and you shouldn't let it stop you! Why would anyone create Facebook if Myspace is already a thing?? Or Reddit if Digg is a thing? Do you know how many "create a Trello-clone in 30 minutes" tutorials there are out there? But every day a new kanban board app launches, and people make money off of these things! There's a GAZILLION invoicing software apps that make money.
Look, ideas are a dime a dozen, and they are very rarely as unique as you think they are. Execution is the key to success, and getting to market fast is important too. So don't dilly-dally! Take your idea and SPRINT with it across the finish line! You're on the right track! We're rooting for you.