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A Conversation with Elad Gil

Startup School by Y Combinator

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The Singular Determinant of Start Up Success Is the Market

If you believe that there's this incredible market opportunity, you want to be in there. Even if you don't know the right kd at first, you can find it. I've seen many, many great teams just die in a terrible market. And then i've seen a few bad teams like do very well. It feels very non galetarian or meribased. You should assess it from first principles. If you decide that you're done with the business, you hav three s, you shut it down, a, you sell, or you pivot. A if you sell, my suggestion would be, sell to somebody that's clearly breaking out.

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