@utee wrote:
I believe startups are founded on an enduring mission which usually borders on a wide-spread need in the market. While a particular method or approach might not work out, another model might just do the 'magic' if attention is given to feedback from the market, and iteration is constant as well as fast enough before running out of cash.
Following this @mark's comment:
I'm kind of curious and need to ask:
1. Why do startups pack up rather than pivot around the mission with a different model?
2. Is it that founders of startups that closed had only so many methods of solving the problem?
3. Is pivoting considered a failure in the startup ecosystem?
4. Or am I assuming that all startups have a mission behind their solution or idea?
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