HUFFINGTON POST

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

The Uber app is seen on a smartphone past cabs passing on Paseo de Gracia in Barcelona, on December 9, 2014. A judge on Decem
The Uber app is seen on a smartphone past cabs passing on Paseo de Gracia in Barcelona, on December 9, 2014. A judge on December 9, 2014 banned the popular smartphone taxi service Uber from operating in Spain, court officials said, following similar prohibition action in several other countries. AFP PHOTO/ QUIQUE GARCIA (Photo credit should read QUIQUE GARCIA/AFP/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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