You need to execute well, but you also need to be working on the "right idea" for it to become successful.
The simple core ideas behind Dropbox and AirBnB were seemingly disregarded by many devs and investors when first pitched, but have proven themselves to be valuable. Even Google wasn't initially considered to be a good idea where Yahoo rejected acquiring them for $1M, but turns out Search Engines displaying contextual relevant ads has become one of the most valuable businesses in history.
The simple core ideas behind Dropbox and AirBnB were seemingly disregarded by many devs and investors when first pitched, but have proven themselves to be valuable. Even Google wasn't initially considered to be a good idea where Yahoo rejected acquiring them for $1M, but turns out Search Engines displaying contextual relevant ads has become one of the most valuable businesses in history.