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Re:Ask HN: Beaten to the punch by a competitor, advice? by fallentimes on Thursday September 11, 2008 @07:18PM (#301879)
Two things:

1. Respond to all user emails within 24 hours or less - even if it's just to say "thanks" or "this should be released next month". Not only will you know exactly what your users want; they'll tell your friends how quickly you responded. And of course, don't ever ever use form responses/letters.

2. Keep your burn rate super low. If you do that you're a cockroach - no one can kill you.

Re:Ask HN: Beaten to the punch by a competitor, advice? by nside on Thursday September 11, 2008 @07:31PM (#301897)
Couldn't say better. And as soon as they will feel your competition they might buy you. That's probably the quickest way to exit?