I don't think it's that easy. It's a complex topic.

The most famous example for your article is Steve Jobs and the iPhone.

A crowded market, yet a huge success story.

But let's face it—how many entrepreneurs have the capabilities of Steve Jobs in 2006?

Finding a market niche means identifying an underserved area where a small startup team can make a meaningful impact within their means.

When entrepreneurs perceive a market as crowded, they usually haven't done their homework yet.

By definition, a niche market can't be crowded.

Tailoring a VC story is another challenge. This requires a huge market, which is the opposite of crowded. VCs typically don't like investing in competitor #1002.