THE SINGLE BIGGEST REASON WHY STARTUPS SUCCEED

Bill Gross founded Idealab, an incubator of new inventions, ideas and businesses.
He have seen the birth if a lot of startups, and incubated many others — and he got curious about why some succeeded and others failed.
So he gathered data from hundreds of companies, his own and other people’s, and ranked each company on five key factors. He found one factor that stands out from the others — and surprised even him.

Ted conference – Subtitled in ENG