I should have been more specific- I meant to refer to their competitors in the analysis of lyrics, not just annotation. For this purpose, I feel that Genius is overall quite poor and that there are much better discussion boards and services.
With regards to annotation specifically, songfacts and lyricsmode are competitors in that they support the same kind of annotation Genius does. In this sense, they are certainly competitors, though Genius has far more annotations and is winning the competition.
My main point about the failure of Genius is that it's Jedi mind tricked people into thinking annotation, and not just annotation in general but Genius' specific implementation of it, is the 'best' way to discover the 'objective' meaning of individual songs. There is no objective meaning and Genius' annotation feature is hardly as powerful as people give it credit for. Genius is just a discussion board with annotations enabled- another iteration of the many discussion boards which VC's have foolishly pumped tons of money into and not received a payout from.
With regards to annotation specifically, songfacts and lyricsmode are competitors in that they support the same kind of annotation Genius does. In this sense, they are certainly competitors, though Genius has far more annotations and is winning the competition.
My main point about the failure of Genius is that it's Jedi mind tricked people into thinking annotation, and not just annotation in general but Genius' specific implementation of it, is the 'best' way to discover the 'objective' meaning of individual songs. There is no objective meaning and Genius' annotation feature is hardly as powerful as people give it credit for. Genius is just a discussion board with annotations enabled- another iteration of the many discussion boards which VC's have foolishly pumped tons of money into and not received a payout from.