New ask Hacker News story: Ask HN: What to do when someone else starts your dream business?

Ask HN: What to do when someone else starts your dream business?
3 by highwayman47 | 7 comments on Hacker News.
For about 7 years I had this idea - it was my baby, something that always brought me reassurance that everything would work out for me. The problem is, it is in biotech, and there is no way around needing at least $1-$2M to start it. I looked into some MVP's, but couldn't self fund and didn't want to do something that would give away the main idea. I then lost thousands of dollars options trading to try to raise the money. I then tried other smaller and unrelated side hustles, none of which worked out. Finally I approached some investors, I spoke to 3 different groups and they all passed. Coincidentally, about 8 months later, the idea I've had for 7 years, that no one else thought of before, is now a company. I'm not accusing anyone of "stealing" the idea and there's nothing I can do about it. But mentally, this was always the thing in the back of my head that gave me hope, like I would "make it someday" off this idea. Now that it's gone - I'm incredibly discouraged and in financial ruin trying to realize it. I need hope that I'll become rich some other way. Also, money aside, my ego would've enjoyed the praise that came with this as it's a net good for humanity. To those who are saying just compete with them - it's even less likely I get the money I need to do so now. Maybe if I had $3M in the bank I would, but I don't.