Startups struggling for survival are not uncommon, due to economic changes, management problems, or product issues. If these challenges can’t be resolved by the existing team with “course corrections” or “pivots,” an investor will often bring in an experienced CEO to tackle the turnaround before or after bankruptcy.
Pivot Now is Less Painful Than Turnaround Later
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4793 days ago
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