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'Having said that, be sure you know your market in and out. You better know who your competitors are ("We don't have any" is not an acceptable answer), the hist
by Haskell 18y ago
'Having said that, be sure you know your market in and out. You better know who your competitors are ("We don't have any" is not an acceptable answer), the history of the market (What previous companies were similar?...'
At least, both Reddit and TicketStumbler claimed they didn't know who their main competitor was and they were accepted.
So, "We don't have any" _is_ an acceptable answer.
- davidw 18y agoOr was, at least. These things may change over time as YC gets more competitive.
- fallentimes 18y agoNot true. I said when we first formed the idea and started working on it we didn't know who our competition was (if any). However, by the time we got to the interview, we did.