Thanks for this post. Skepticism is healthy.
One of many examples: Qoins.com @natedogg has created a financial management clone and turned it into a product tailored for debt relief. It allows someone to easily fix a problem with almost no effort. It must be working because it’s gotten some favorable exposure http://bit.ly/2mT4ICS. Product Hunt has a great audience.
I’ll take that crushing any day. Sidecar were acquired by GM, but not before they raised $45.52M in 5 Rounds from 22 Investors. (http://bit.ly/2mSUXEP). Startup and boat ownership are almost identical. The two best days are when you launch it and when you sell it.
Offer a perceived added value, cater to a smaller, more targeted market, or make a known process easier.