Former General Magic executive Joanna Hoffman, former Aereo CEO Chet Kanojia and Y Combinator partner Dalton Caldwell talk with Recode's Peter Kafka about thier past entrepreneurial efforts that failed. They explain why they failed, with reasons ranging from unready technology to Supreme Court intervention, and how they moved on in different ways. Central to the discussion: How these entrepreneurs and others define what success means for them and whether that definition changes over time.

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