> This is absurd; most failed companies didn't face any competition because they didn't find a market You are saying the majority of companies that fail produc

> This is absurd; most failed companies didn't face any competition because they didn't find a market You are saying the majority of companies that fail produce a product with no market? I doubt that's the case. There is a market, however small and a product that is similar or can be substituted for your product is still in direct competition.