As a founder, a frequent mistake is to copy what seems like your best competitor: Beyond the obvious "me too won't do", we are operating in an ultra-financialized environment which incentivizes short-term games. Founders often end up copying unsustainable business models that only achieve a pump before sliding into irrelevance. There is no shortcut. You have to put in the work and develop a real business model if you want to build something with staying power.
379