Archive: pivot

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Angel Insider: The Wisdom (and Worries) of Pivoting

By Early Investing on January 3, 2023

Pivoting — changing the core product, service, or fundamental direction of a business — is nothing new in the startup world. Startup founders pivot their companies all the time. Sometimes the pivot is straightforward, like switching from direct sales to a subscription-based revenue model. Other pivots can move startups into completely new industries and drastically change the company’s entire goal.  But how can investors tell from the outside when a pivot is a smart move? And…
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We recommended Bloomstack last June. We liked founder and CEO Eric Delisle’s idea of combining all the systems and platforms cannabis operators use into a single platform. Not only was it a great idea, but it also seemed to be working. Bloomstack was…