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Pivot

Taught by TA Captain Bigballs | Edit Tagged as acquire, assnuts, google, googleballs, pivot, profitability, startup, | 1 Comments »

A word used to describe a startup changing their business plan... again. Most likely because it was crap to begin with. This usually happens several times.

As in...
Launched in 2004, AssNuts.com grew at an astounding 300% year over year until 2005, at which point we decided to pivot the model to reflect more of a profitability play. In February 2005, AssNuts was acquired by GoogleBalls for $760 billion and later dismantled and burned to bits.