Worth doing a startup in a space saturated with other new startups?

Can you get customers? If so, then enter the market. The technology is irrelevant; what matters is how you acquire customers, paying or not.

I am a language learning nerd, and I have been down the rabbit hole. Let me tell you that the most popular tool for serious language learners is Anki because of the spaced repetition. If you pursue a startup in the space, I highly recommend incoporating spaced repetition.

Another question to ponder: Who is the audience and what value will they get from learning a language. For example, the audience could be people immigrating to America for college. That is a group of people who have a strong need to learn English.

It's always worth entering a market if you have an edge or idea that nobody else has, and you think the market would utilize it. That's sort of the point of startups :)

Disclaimer: I actually worked for (and helped found) a company that used AI tools as a complimentary piece of the language learning process. The company closed doors early last year. Happy to discuss further if you'd like - our approach was quite radical in nature but the progress our students made was incredible.

Pros: - markets validated

- investors may see more options for acquisition exits

- if in a crowded space you still see a gap it's likely real

Cons: - table stakes to reach parity with existing solutions may be higher

- existing entrants may be quick to replicate your killer feature

- with more noise demands more marketing/differentiation/ads/baked-in virality

I'm sure you've already thought of all that jazz. One idea is, if you can find any online communities which overlap with your target demographic maybe develop a survey (crude mockups could be even better in the survey) and ask if that feature set would entice them to switch from their current solution.

Another approach is to use the producthunt "coming soon" with decent mockups / landing page to gauge interest?

Maybe find a content creator that specializes in this space and propose a interview style video where you open the book and bounce ideas for what's missing in the market and what your solution would be. This would likely be the most fruitful move but you'd be putting it all out there which is the only way to make this type of video work for both parties.

Lastly, YC never seems worried about funding startups in a crowded space especially if the market doesn't seem too matured as there's still time for a new entrant to "get it right".

Good luck!

Are you sure that language learning itself is actually a big enough market to contain so many competitors? My guess, coming from personal experience with this market, is not really. Far fewer people want to learn foreign languages than is popularly assumed online, and even when they do, it’s almost always English for business reasons.

So if you’re dead set on entering this space, I would focus on business-case uses for learning English.

Yes it can be worth it. It might actually be preferable in a lot of cases. Just keep in mind you might be running a different kind of business than you expected if you’re a technical person who want’s to build something technical. It’s quite likely tech will be less important/table stakes and you’ll be pushing harder on sales and marketing and innovating there instead.

no the world does not need another "AI" startup. save your money

Here's a list of ways you might be able to differentiate.

Personalized Learning Paths

Gamified Learning Experience

Conversational AI

Multi-Sensory Learning

Cultural Immersion

Community Interaction

Speech Recognition Technology

Offline Learning Support

Progressive Difficulty

Professional Tutoring

Interactive Audio Lessons

Instant Translations

Augmented Reality (AR) Integration

Synchronization Across Devices

Content Creation Platform

Voice and Video Chat Practice

Contextual Learning

Offline Translation Assistance

Professional Certification