Ask YC: Are there ideas that are “done to death”?
My question is this... Is it true that there are ideas that really are "done to death"? I look at the online dating market. Match, eHarmony, jDate, PoF, etc. have saturated the market and taken up a huge amount of marketshare. At the end of the day, though, they're really all the same. They may target different interests or demographics, but there's really no difference. Is online dating done to death? Should someone even bother getting into that market again?
A more recent example is in messaging apps. Once the Snowden docs went public, it seemed like everybody and their brother put out a "secure" messaging app. Are there too many of them now? Could one really gain any traction in a market that has literally hundreds of messaging apps on the iOS AppStore? I've had an idea for a while on how to increase the security and anonymity of messaging apps. But, with the sheer volume of competitors it almost seems to me like I shouldn't even bother coding it up. Is this an idea that has been "done to death"?
Or, is the whole notion of something being done to death merely a logical fallacy? Is it worth competing? Is there enough money/eyeballs to go around? I'd REALLY be interested in hearing your thoughts on the subject. Having good ideas is really inspiring; but, seeing that there are already a LOT of other people in that space has become really discouraging.