If everyone thinks your idea is good, it often indicates that there are problems you're not seeing, and the competition is likely serious.

The competition in AI is fierce, with established companies often overshadowing new entrants, making it crucial for startups to find unique niches.

It's important to consider whether your startup will remain a leader in its space if it succeeds, as this is a key criterion for a good startup idea.

In discussions about competition, it's beneficial to ask founders how they plan to win against competitors rather than making them defensive about their market position.

Founders mistakenly avoid markets with existing competitors, but these markets can indicate a real demand for solutions that existing products fail to address, as seen with Dropbox's success despite many competitors.

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

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.

When founders claim they have no competitors, it's a red flag indicating a lack of understanding of the market and customer needs.

Your startup should have a unique aspect or unfair advantage that demonstrates why it will grow faster than competitors.