Comment on Ask HN: What to do when you discover a YC-backed competitor?Comments−tansey14yA few points to remember:* Lots of YC companies fail.* Even more pivot from the idea they're working on now.* Competitors are not always a bad thing. They help validate your idea and push you to iterate faster.* Better-funded competitors will always be there, whether it's a YC company, a TS company, a Sequoia-backed company, or Google.* There is usually room for more than one company in a space.Just carry on.
Comments
A few points to remember:
* Lots of YC companies fail.
* Even more pivot from the idea they're working on now.
* Competitors are not always a bad thing. They help validate your idea and push you to iterate faster.
* Better-funded competitors will always be there, whether it's a YC company, a TS company, a Sequoia-backed company, or Google.
* There is usually room for more than one company in a space.
Just carry on.