The single biggest reason why start-ups succeed (Quiz)

According to Bill Gross, you can unlock great human potential for a startup by:

• Having a strong currency in your country

• Having skilled staff working for your startup

• Having the right equity incentive plan

How many companies did 'Idelab' found?

• Over 100 in 20 years

• Over 20 in 10 years

• Over 1,000 in 20 years

The team, execution, and adaptability are not as important factors as an idea to make a startup successful

• True

• False

The business model, the funding and timing are the other three factors that lead a company to success

• True

• False

The best way to assess timing is to:

• Look at the range of time available to start operating

• Look at whether customers are ready for your product/service

• Both options are correct

According to Bill's research, the idea was the main factor that made many companies fail

• True

• False

The main reason why 'Airbnb' succeeded was because it came out during a recession

• True

• False

YouTube business model made this platform succeed

• True

• False