04/20/2015 08:03 am ET

Why Startups Like Uber, Airbnb, And SpaceX Succeed, While Others Fail

QUIQUE GARCIA via Getty Images

What's most important for the success of your project? Is it the team? Funding? Timing? Idea? Business model? Recently I heard Bill Gross, one of the most brilliant entrepreneurs of this century, offer a compelling answer -- one that changes my views on the formula for success.

This blog is a summary of Bill Gross's excellent talk.

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