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Yes, this happens all the time. There are very few VC-funded startups that don't face VC-funded competition.
by SpicyLemonZest 5y ago
Yes, this happens all the time. There are very few VC-funded startups that don't face VC-funded competition.
- lostcolony 5y agoThat wasn't my claim. My claim was that the thing the VCs are backing is not simply a better profit model. "You can do X for 10% less than the incumbent? Nothing else to distinguish you? And all we have to do is risk half a billion dollars over the next 5 years to compete on an even footing with what they've already spent?" - who is signing up for that?