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'... if a bunch of people already thought your idea was a good idea, it'd effectively be a mature space. ...'

I'd modify that slightly...

'people already thought your idea was a good (MONEY SPINNER) idea , it'd effectively be a mature space. ...'

New ideas maybe easy to come up with but translation into a product is not easy. If you can see a new idea implemented & copy it you piggy back on the innovation of others thinking & implementing.

Compare for instance Flickr to say Zoomer. The later was developed post flickr & probably quicker. The point being Flickr came up with the wonderful clean url design, api design and concepts such as 'favourites'. It also showed there was a market. Zoomer copied lots of Flickr ideas without having to think, tinker & hack.



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