The “Pivot”

The “Pivot”

“Pivot” has become a commonly accepted phrase for when a start ups initial model misses the mark. It’s freely used and thrown about. “Oh, we’ll just pivot when we see it doesn’t work…” Uh, yeah, probably not. Oftentimes, the founders decide to change direction, alter course, try something new. They pivot and go in a new direction. We invest in a quality team and we bet on this team and their ability to execute their vision. IF they decide to change for change sake…we cringe. When they frankly come to us and express concern over their status or have concrete reasons to shift we listen and support. Micah Baldwin (@micah) founder of Dundee VC supported Graphicly is a very clear thinker and driven founder. His post in Venture Beat (http://goo.gl/LMuwc) is an honest take and autopsy of a successful pivot. Thinking big and executing big are different. While we all thought the comics market was large…the new focus is enormous, fragmented and ripe. And so far, a great pivot.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

  • How Beacons Are Changing the Shopping Experience http://t.co/qKi03Abzwa
    September 1, 2014 6:07 pm
  • As Apple prepares the iPhone 6, here's a look at mobile market share http://t.co/ws94KqqeE6
    August 30, 2014 5:35 pm
  • This Woman Who Sold Her First Startup For $1.4 Billion Has Simple Advice For Future Female Entrepreneurs @jkhoey http://t.co/8cbGeb8qwm
    August 30, 2014 3:18 pm