YC Partner and Head of Admissions Dalton Caldwell talks about pivoting for startups and shares his advice on when and how founders should consider it for their companies.
Transcript and lecture slides here: https://www.ycombinator.com/library/6...
This lecture is part of YC's Startup School, a free online program and global community of founders. Register and join the community at https://www.startupschool.org/
Chapters (Powered by https://bit.ly/chaptermeyc)
0:00 Introduction
0:29 What is a "pivot"?
1:54 Why pivot?
3:09 Good and bad reasons to pivot
4:51 People wait too long to pivot
8:57 Product/market fit
10:09 Finding a better idea
14:27 The best time to pivot
16:41 Scoring ideas
18:41 Realworld examples
26:50 Conclusion