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by michaelt 4367 days ago
I think they are interpreting pivots as a sign that the founders and/or investors wanted to change direction, because the previous direction wasn't succeeding.

I'm all for small, sustainable sites which provide a service and don't try to monetise too desperately. But when you take $50 million in VC funding, surely the founders know they're boarding the ten-times-return-or-bust train?