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The following made me chuckle: In techspeak, "pivot" is really a euphemism for "Our idea failed, but we have way too much venture and emotional capital investe
by kylelibra 16y ago
The following made me chuckle:
In techspeak, "pivot" is really a euphemism for "Our idea failed, but we have way too much venture and emotional capital invested in this thing to bail in a heap of embarrassment, so instead let's totally reinvent what we thought would be our life's work."
- cjeane 16y agoAnd the article's footer is pretty good too. "This is the second installment of Fortune's new column on startups and the tech bubble that may or may not exist."