The word "pivot" is huge in the emerging world of technology start-ups.
Twitter was a pivot, gaming companies made the pivot...its what you do when what your business was to become has hit a stall, and you need to go in another different direction and more or less change the core of your business operations or revenue....on the fly.
HP is the biggest play yet at this as they give up hardware and move into the world of software as there full time core.
The move is either brilliant, as the PC device era is dead, without software revenue to boost it, or its a mistake if they cannot dominate in software.
General Electric was and probably is the best at exiting businesses, just before they have peaked (I have seen them do it brilliantly), but they have a stable of businesses, not just one to rely on for revenue.
Is coding the future, other countries are far ahead of North America in software engineers...the other thing that GE famously did is they would not go into a new business unless they could be number one or two in the market....no third place for them.
This is either a brilliant move if they can pull it off....or the death throws of a giant. Read more here.
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