He's saying it's a failure of spirit; of heart. But isn't it a genuine blow to one's ego, going from the unique, one-and-only to being one of a bunch?
Business-wise, competition can actually benefit you, by "validating your idea", and giving customers a choice and fall-back option.
But good for business or not, it's still a blow to one's ego. I guess the question is whether you are in it to for the the riches, the fame, the ego - or to make some positive contribution to the world.
Business-wise, competition can actually benefit you, by "validating your idea", and giving customers a choice and fall-back option.
But good for business or not, it's still a blow to one's ego. I guess the question is whether you are in it to for the the riches, the fame, the ego - or to make some positive contribution to the world.
EDIT this article's attitude reminds me of these comments (about being copied): http://news.ycombinator.com/item?id=707278 (pg) http://news.ycombinator.com/item?id=707307 (astrec)