So a few weeks ago I pushed my startups mvp into production, and then I began to work on SEO to set the stage for promoting my startup. Shoftly after, I discovered a competitor(YC company) that I was blind to. This error in market research is due to them not doing SEO with the same keyword terms as I am, or else I would have found them long time ago when I researched the market.
If mvp is stage-1, promotion is stage-2, then they are on stage-3, they have executed what I envisioned the future iteration of my product would be, basically a functional api that is distributable to developers.
on one hand it's a relief to know you have competitors in a fresh market, which means my biggest hurdle and worry to date, validating product market fit, is gone.
It'd be encouraging to hear some personal stories of similar situation happening to you and what you ended up doing?
OP HERE, posting in comment below due to character limit.