"There's so many lies that founders tell themselves about competition and about what their competitors are up to," he says. "When I think about a YC company and competing with folks, oftentimes it goes to my head [and] the first thing I tell them is like the depressing fact that most likely everyone's going to die." He adds there are lots of businesses where there are multiple winners.
Step inside the Group Partner Lounge to hear Y Combinator Group Partners Harj Taggar, Michael Seibel and Brad Flora discuss the traps founders often fall into when looking at the competition. They identify the particular types of companies you should watch out for and many more you are wasting your time worrying about.
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