October 30, 2016: It’s commonly expected that startups will pivot as their original concepts meet the tests of the market. Even the most carefully crafted plans may not correctly anticipate customer behavior, may overlook competitors, may run into unexpected technical obstacles, may be blindsided by external forces, and may ultimately not translate the founder’s vision into a workable business model. It’s generally better, however, to pivot than perish, and startup teams that can accept reality and adapt are the ones that are most likely to succeed again and again.
August 25, 2013: Steve Ballmer has been the story this weekend with the announcement of his pending retirement. The 7% jump in MSFT shares on that news probably won’t be highlighted in his personal memoirs, but he apparently made some investors happy. Personally, I’d give him credit for protecting the core franchises of Windows and Office while trying a few radical changes of late. He wasn’t afraid to start making his own hardware in the Surface line, adding touch to the latest version of Windows, and even emulating Apple’s retail store concept. The Surface Pro isn’t bad for a Microsof