Bill Gross of Idealab fame reports on his study of 200 startups reviewed from 5 lenses:
- Quality of the idea
- Quality of team, including adaptability and execution
- Business model
- Amount of funding
The most important feature according to his research? Timing.
Very useful but begs the question: how can we use this finding to execute better startups? In other words, how can we shift our actions to become more “evolutionarily current”, fitting with the times?
[Disclosure: I was founding CTO at one of Idealab’s companies in 2004-2005, Snap.com. It did not succeed in overturning the predominant search UI paradigm of the time then; or of now, for that matter.]