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A comment on Do you live under the fear that a YC company is about to demo what you working on?.

Re:Do you live under the fear that a YC company is about to ... by parker on Thursday August 09, 2007 @12:17PM (#40916)
There was a great article on news.YC the other day about some of intuit's reasons for success. This quote stuck in my mind:

"Your competition isn't other companies, but the way things are done now"

There were like dozens of other companies working on personal finance software, and the intuit founder instead concentrated on his biggest foe: pen and paper. And hey, if it's a big enough market, it can support many different companies!

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Re:Do you live under the fear that a YC company is about to ... by marrone on Thursday August 09, 2007 @01:14PM (#40946)
yeah, let's face it. You ALWAYS have to assume there is someone else out there doing the same thing you are doing. That shouldn't sway you though. The point is to do it better than them. Reading pg's book has great (and funny) commentary on dealing with the competition...
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