Founders worry too much about highly funded competitors. Usually funding matters less than the founders' ability. In the short term, a highly funded competitor can hurt you by e.g. lowering prices. But if you survive long enough, it will ultimately become a test of ability.
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Replying to @paulg
Don't be afraid of well funded competitors. If anything, be afraid of people working intensely who do not need funding at all. But rather, be these people *yourself* and, work to outpace the consequences of your *success*
6:22 AM - 26 Apr 2020
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