Over the last few weeks, we’ve seen some very large companies launch products that compete with products created by self funded startups.
Few notable examples:
Yesterday, Nike launched an iPhone app that no longer requires a separate sensor in your running shoes. The new app is a direct shot at RunKeeper.
A few weeks ago, Google lanched Priority Inbox which is a direct shot at SaneBox.
The idea of big companies going after self funded startups is nothing new. Happens all the time and always will.