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We also ask if the company is generating revenue, and if not, why not.

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The founders and employees need to have a shared sense of mission to sustain them.Most of this will not be new to people who have read a lot of what YC partners have written—the goal is to get it into one place.There may be a part II on how to scale a startup later—this mostly covers how to start one.On the other hand, starting a startup is not in fact very risky to your career—if you’re really good at technology, there will be job opportunities if you fail. I personally think the riskier option is having an idea or project you’re really passionate about and working at a safe, easy, unfulfilling job instead.To have a successful startup, you need: a great idea (including a great market), a great team, a great product, and great execution.

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