Multiple companies with similar ideas but no outstanding successes can mean the area is a tarpit.

Why? It can be everyone likes the idea but there are significant reasons why it won't work that you're not aware of.

If there weren't, someone would have done it by now.

For a tarpit breaker, look for a founder who knows exactly why every other business that tried to do this failed and whose reasons why they will succeed make sense given that context.

These are great businesses that many people will miss because they assume it can't be done.

#founders #startups #venturecapital #buildinginpublic #investinginpublic