So what should be the accurate response, because the other extreme is downplaying their dominance?
The danger of competitors, for a good startup, is not that they'll take your users, but that you'll do dumb things out of fear of them.
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Really understand and respond to your users' needs quickly.
End of conversation
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Which is why customer obsession is better than competitor obsession. At least Jeff says so.
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"Fear is the startup killer" -- Frank Herbert.
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What can remedy this?
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How does one avoid doing dumb things and not fear the new guys in town...
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Sometimes I, seriously, wonder how good is to know too much about your competitors.
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वाह!!! क्या लिखा है!!!!!
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A startup will even be more insecure from competitors if it does'nt have a protective VP
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Only winner take all business models NEED to beat competition & even they do it by serving customers better and faster. I can only think of less than 5 true biz models like this. (Maybe more in some B2B niches). The rest thrive by serving customers well.
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