This is quite a nuanced subject. It's something I've had a chance to think long and hard about and discuss with many founders.
I wrote a lesson about it in the Nugget Startup Academy but it's behind a paywall. Here's a screen shot of that lesson. Apologies about the format and hope it helps your thinking on the subject:
I wrote a lesson about it in the Nugget Startup Academy but it's behind a paywall. Here's a screen shot of that lesson. Apologies about the format and hope it helps your thinking on the subject:
https://www.dropbox.com/s/3ufpfrcarg7v5f3/competition.png?dl...