4/9/2018

Is competition relevant for startups

YCombinator founder Paul Graham:

Graham talks, for example, about his views on competition, which can essentially be boiled down to the idea that companies fail owing to poor execution, not because of me-too startups. In fact, says Graham, though companies worry about competitors, YCs dataset suggests that maybe one out of 1,900” of its portfolio companies has been killed by a rival that’s tackling the same problem.


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