[tansey]

A few points to remember:

* Lots of YC companies fail.

* Even more pivot from the idea they're working on now.

* Competitors are not always a bad thing. They help validate your idea and push you to iterate faster.

* Better-funded competitors will always be there, whether it's a YC company, a TS company, a Sequoia-backed company, or Google.

* There is usually room for more than one company in a space.

Just carry on.