There is a net demand for Chinese food in the area, and there will definitely be such a thing as 'too much or little' supply (though obviously each offer i.e. supply is a little different)
A single restaurant will only be able to meet so much demand, so if there's a niche in terms of region or menu, maybe there's a real opportunity.
GitHub, Uber, FB - they all have network externalizations to some extent, there definitely have economies of scale, and they are playing in a global marketplace (or at least, say 'the Western world').
So, no, it's probably not a good idea to compete directly with them.
In fact, incumbents almost always win - the idea is to do something different enough, solve a problem in a different way.
Slack did not build 'better email' they went up one level and built 'better communication'. And a whole bunch of other things of course. But 'slack e-mail' probably would not have yielded them the same result.
It depends on your ambitions. If you want to be a stinking rich billionaire, ok fine. Good luck!!
If instead you want to have some fun and maybe get more money back than you put in, that's a different world.
I'm increasingly persuaded that unless you go to dinner parties with say Sequoia capital people, it's better to start small, get the principles working right and then build on it.
'better UI' might be debatable... It is a bloated inefficient sack of kack that demands ~1GB RAM per channel! In fact, didn't the original developer label it thus and abandon the whole thing?
There is a net demand for Chinese food in the area, and there will definitely be such a thing as 'too much or little' supply (though obviously each offer i.e. supply is a little different)
A single restaurant will only be able to meet so much demand, so if there's a niche in terms of region or menu, maybe there's a real opportunity.
GitHub, Uber, FB - they all have network externalizations to some extent, there definitely have economies of scale, and they are playing in a global marketplace (or at least, say 'the Western world').
So, no, it's probably not a good idea to compete directly with them.
In fact, incumbents almost always win - the idea is to do something different enough, solve a problem in a different way.
Slack did not build 'better email' they went up one level and built 'better communication'. And a whole bunch of other things of course. But 'slack e-mail' probably would not have yielded them the same result.