I notice a competitor came out of nowhere. Our models are a little different.
But they seem more capable.
They have 5000+ users (i have ~150) which they seem to have gotten in a small time. And $300,000+ in transactions and (I have ~$1000).
I see them adding features way faster than I can.
Has anyone experienced this? Is it possible to survive as a self taught dev mostly-solofounder? I feel way outmatched.
Edit: When I say $1000 in transactions, I make about $70 from that. I need a lot more transactions to be profitable. Probably around 20k users, 1m in ARR, to make 70k.