Evan wallace proved it by building esbuild. this is no longer bet.
> If their open platform were as powerful as it should be, it would be easy to use it to recreate the kinds of experiences they propose to sell.
you would be surprised to know that tech companies may find it cheaper to pay money than developer bandwidth for stuff beyong their core compentency.
dropbox was also considered to be trivially implementable, but end users rarely try to re-invent it.