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by constantly 1228 days ago
Running a business openly seems to me to be what people do when they are Amazon sellers and discover a brand-new, lucrative niche before Amazon (or dozens of Chinese sellers) steal it and start selling it for themselves. Running a startup publicly, in my opinion, essentially validates ideas for others to do better, with more resources, with a competitive edge, or whatever.

This was demonstrated lately using the AI Stable Diffusion Portraits. A thousand rivals arose right away after the original author stated their money was derived from doing nothing more than setting up a website connected to steady dissemination on the backend. It increases competition even if none of those rivals are inherently superior.