I find it infuriating. It drives home how insurmountable someone else’s first mover advantage and subsequent network effects can be. I say this as someone who had great success in my niche, I’m often angry about my own success and sympathize with my competitors who failed to catch up for no reason other than that they weren’t the first to do what I did.
Today no one can turn their own micropublishing idea into a Twitter competitor, because by the time it achieves even 0.1% of Twitter’s success, Twitter will just clone its features to kill its momentum.