529
you are viewing a single comment's thread
view the rest of the comments
[-] MargotRobbie@lemmy.world 26 points 5 months ago

Plenty of companies pivot when their initial business plan doesn't work out or if the market changes.

For example, did you know that American Express used to be a shipping company like FedEx and UPS? Or Mattel used to sell picture frames before they started making toys? Or Nintendo started out as a playing card company and still sells them today?

[-] potatopotato@sh.itjust.works 36 points 5 months ago

Yeah but the people running this seem to only be interested in pivoting between whatever the current grift is. We should come up with a word for people who do that, maybe something like "grifters".

[-] MargotRobbie@lemmy.world 10 points 5 months ago

That's a good point. Cryptocurrency and NFTs are not good things to be involved in.

this post was submitted on 04 May 2024
529 points (95.1% liked)

Technology

58737 readers
4320 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS