Most of the discussions over competition center around startup v/s big corporates, and the competitive edge people cite is the ability of startups to move quickly. That's all fine. But what is the competitive advantage in a startup v/s startup battle, considering that one of the startups has a decent money in the bag. How does the other one go about it then ? What advice would you give ?
There is a Quora question about the same concern:
http://www.quora.com/Startup-Advice-and-Strategy/How-do-you-compete-with-other-startups-not-large-businesses