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OMG! The moment you "stumble upon" a competitor
- cstejerean 19y agoWell, I've had plenty of moments of stumbling across a competitor. I was never so far along the process that I had to tell investors about it so I usually backed off and went to another idea which turned out to be the wrong move most of the time. Just because there are competitors doesn't mean you should back off the idea. It's a good thing if you stumble upon a competitor. It means your idea has some sort of value and since you didn't know about the competitor chances are a lot of your potential users/clients don't either. Even if your competitor is larger they might want to buy you later on to decrease competition or another larger player looking to enter the market might buy you in the process.
- thomasswift 19y agolink didn't work for me - here is the new link http://foundread.com/2007/10/29/question-of-the-day-just-found-a-competitor/ http://foundread.com/2007/10/29/question-of-the-day-just-fou...