Unfortunately yes, which is why you get founders awkwardly trying to answer questions like.. "How does your product compare to X and Y that are dominating the space right now?" when they've never heard of X or Y.
> Classic HN. Jumping from someone's annoyance to "create a startup" that "definitely has value" without knowing anything about the space.
All that without specifying whether or not you have knowledge in the space. You probably should have specified X and Y are already in the space rather than assuming that someone already has taken up space there.