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by baa555 3956 days ago
Isn't part of writing a business plan doing the scenarios of what happens should company X or any other competition enter the space and pitching what would be your competitive advantage. Who plans a non-technical business on the basis of 'no one else will have this idea'. It sounds to me like the OP had a poor business plan to begin with. The fact that there were people willing to fund this just shows that in this bubble will throw money at anything.