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KH

Kevin Hale

07/03/19

@ Y Combinator

Entering an unsexy market can be advantageous because it often means less competition, allowing a strong product team to thrive.

Video

YC

Updates for Startup School 2019 and Office Hours with Kevin Hale

@ Y Combinator

Updates for Startup School 2019 and Office Hours with Kevin Hale

07/03/19

Related Takeaways

JF

Jared Friedman

11/18/22

@ Y Combinator

Having competition is often a good sign for a startup idea, as it indicates that there is a market, but you need a new insight to compete effectively against entrenched players.

TB

Tikhon Bernstam

09/09/17

@ Y Combinator

Investors often overlook the potential of existing large markets, thinking they are too crowded, but if you can create a significantly better product, there's room for many winners.

YC

Y Combinator Cast

11/18/22

@ Y Combinator

Founders often overlook ideas that seem hard to start, are in boring spaces, or have existing competitors, but these can actually be good opportunities because they are less pursued by others.

YC

Y Combinator Cast

02/08/25

@ Y Combinator

Founders should not shy away from competitive spaces, as many successful companies have emerged from crowded markets.

AL

Alfred Lin

07/31/14

@ Y Combinator

Building a business that people think can't be done can lead to less competition in the early days, allowing for necessary pivots and learning.

HI

Harvard Innovation Labs Cast

02/02/14

@ Harvard Innovation Labs

A successful business model can create a perfect storm for startups, making it difficult for competitors to catch up if you target an untapped market effectively.

TJ

Todd Jackson

04/11/24

@ Lenny's Podcast

Extreme product-market fit leads to momentum where the market pulls you along, making it easier to know what to build and hire.

TB

Tikhon Bernstam

09/09/17

@ Y Combinator

A strong team in a great market will eventually build the right product, as the market will guide them towards it, even if it feels like a struggle.

SA

Sam Altman

08/30/18

@ Y Combinator

Inexperience can be a blessing for startups, as it allows them to pursue ambitious ideas without being held back by conventional wisdom.