Yes, there's absolutely a correlation with competitors. You're all in the same market after all, pulled by the same market forces.

I'm not saying it's a 1:1 correlation, of course. But in a market where your competitors are extremely successful, it proves that it's possible you can be successful as well. That's not always the case in every market since many markets out there just won't be viable for a successful company.

If you believe you can do better consider acquiring Assembly. It is better to start with a community that understands the goals & potential for failure than to start from scratch with a community that does not understand the risk. Moreover, their branding is very good.