A Crowded Market - Deepstash
A Crowded Market

A Crowded Market

A crowded market is actually a good sign because it means both that there's demand and that none of the existing solutions is good enough. A startup can't hope to enter a market that's obviously big and yet in which they have no competitors.

So any startup that succeeds is either going to be entering a market with existing competitors, but armed with some secret weapon that will get them all the users (like Google), or entering a market that looks small but which will turn out to be big (like Microsoft).

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bradhowe

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Bingo.

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