Pivot

Beginner 🚀 Startup / VC

Definition

A strategic change in business direction that's celebrated in Silicon Valley but called failure literally everywhere else. It's the entrepreneurial equivalent of missing your exit on the highway and announcing you meant to take the scenic route.

Example Usage

"We pivoted from a dating app to a supply chain management platform, which was a natural transition because both involve connecting things that don't want to be connected."

Related Terms

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