how do you feel when you suddenly discover that a big company has launched a similar new product?

Zhiqi Shi
14 replies
For me, my emotions go through three stages: 1. First, a bit of concern, since this means a certain level of competition. 2. Then, I feel happy, as the fact that others are doing something similar means the demand is more likely to be appreciated by users. 3. Finally, I become calm, realizing that today's tasks still need to be finished.. haha. As for action, I would try to reach out to people working on these big companies' projects to see if there are any collaboration opportunities or just to make new connections.

Replies

Ashit Vora
It shows that there's a demand for that. When Google launched Forms, Jotform was already in the market. Rather than getting demotivated, they doubled down on their marketing efforts.
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This has actually happened to us already! Canva and HubSpot both offer tools that directly overlap with what we do. It wasn't very comforting because they’re giants in the industry with massive user bases. But we’re focusing on what makes us unique—we provide advanced solutions, address gaps they don’t cover; deliver more value to our users. Competing with big players is challenging, but it’s also a great motivator!
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Tony Tong
It really depends on your situation. For an indie hacker or small team, it's a positive signal because the primary risk is usually a lack of market demand. If big companies are entering the space, it means that: 1. You're building something people actually want. 2. You're addressing a market large enough that even bigger players recognize its value. However, for a VC-backed company, the biggest risk is often execution and competition, not market demand. If you've raised only a few million—an amount that may seem small given the expectations of rapid growth—it could be a red flag. It suggests you might not be scaling fast enough or that your differentiators aren't strong enough to stand out, especially as larger competitors start to emerge.
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Felix Sattler
When I discover that a big company has launched a similar product, it’s a mix of excitement and determination. It clearly validates the market need, but it also pushes me to double down on finding and highlighting a unique selling proposition (USP) that sets our product apart. Competing with a large company can be a hard nut to crack, but focusing on what makes your solution special – no matter if it's personalization, agility, or niche expertise – can turn the competition into a great opportunity to stand out.
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Jaryd "The AI Whisperer" Paquette
Lesson learned for sure... But make sure you show face behing the brand you'll beat them by being more genuine
Feliciana
On one hand, it’s a bit daunting to face competition from a big company. On the other hand, it validates the importance of the idea we’re working on. It’s a great reminder to stay focused on what makes our product unique and continue improving.
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Vincent Hager
I feel a mix of excitement and anxiety. It’s validation that I’m onto something, but it also means I have to step up my game.
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Praveen chary
I feel great, because it validates your idea strongly
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Cedric
"Your time is limited, so don't waste it living someone else's life."
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Jason Doran
Hey @zhiqi_shi- I just read this Nfx article that I think you might want to read to understand "technology windows" which describe the timing of when incumbents are likely to move into a technology space and close the window for entrepreneurs: https://www.nfx.com/post/technol...