kappamax

I've been working on a number of startups recently and went through the idea phase so many times and wasted so long on building out an MVP only to find out after we built our MVP that there were several companies in the space who were doing what we intended and our startup didn't bring a unique value proposition. Either our engineering was really fast, or our bizdev was really slow, but the fact that it took as long as the week for the bizdevs to give us a competitive landscape while engineering was able to build an MVP in the same time says something. Do other startups face this same problem?

What tools you all use to figure out your understand your market and your competitors before creating your company?

Would you be interested in a web service that gives you a competitive landscape report on your startup idea so you don't waste precious time?