Startups: Do I need to stop my startup after knowing that the same thing has been started by some other big company?

Yes, yes you do.

Just like those Stanford students who were going to start a search-engine company but were put off by the fact that Altavista was already popular, or the Harvard kids who decided that Sixdegrees was all the social network everyone needed.

Let me add this for those who haven’t had their coffee today: I refer above to the people who started Google and Facebook, and the real answer is “no“!

If you want to continue the discussion…


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