Beaten to the punch by a competitor, advice?
tptacek: In 2003, me and a partner decided it'd be pretty neat if companies could deploy firewalls that filtered AOL Instant Messenger, Jabber, and MSN IM, with rules for users and groups, not IP addresses, and with automatic encryption and message relaying to keep corporate secrets off the OSCAR servers.Then AOL announced they were going to go release the same thing. We had pretty much everything but the user interface done.Like the man said, "In a situation like this, there's a high potentiality for the common motherfucker to bitch out". We bitched out.A few months later, AOL dropped the product. Akonix and IMlogic, two companies that didn't bitch out, went on to gross something like 30-40MM in revenue each. I stopped paying attention to them; I assume they exited nicely.Your competitors don't decide whether you're going to succeed. Your judgement and execution do. We probably would have failed even if we kept moving --- our hearts weren't in it. Is yours? If you have to ask whether you're going to keep going, maybe you should do something else.