October 4: Successful pivots

Four well-known companies that have gone through a drastic shift where they change course completely.

Suggest a topic for a future fact.

Source: CB Insights
Published: November 2018

Successful pivots

Most companies experience style changes and updates over time, but some go through a drastic shift called a pivot where they change course completely. Some well known pivots are highlighted below.

Popular companies with unexpectedly successful pivots.

Company: Slack
Origin: Gaming app called Glitch
Pivot:
Communications platform

Company: Twitter
Origin:
Podcast app called Odeo
Pivot:
Microblogging platform

Company: YouTube
Origin:
Dating site for single people to record a video of themselves
Pivot:
Video sharing platform

Company: PayPal
Origin:
Security software for handheld devices
Pivot:
Online money transfer service

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