TuSimple, once a buzzy startup considered a leader in self-driving trucks, is trying to move its assets to China to fund a new AI-generated animation and video game business. The pivot has not only puzzled and enraged several shareholders, but also threatens to pull the company back into a legal morass mere weeks after reaching […]
Dealt turns retailers into service providers and proves that pivots sometimes work
Dealt, a French startup formerly known as Mon Super Voisin, raised a €6 million funding round ($ 6.5 million at today’s exchange rate) a few months ago. More importantly, the startup went through an important pivot. And this funding round proves that this strategy was the right one. It’s an interesting lesson for early-stage founders […]
After losing access to Twitter’s API, Block Party pivots to privacy
Block Party, a startup developed by software engineer and tech diversity advocate Tracy Chou, was among the victims of Twitter’s (now X’s) API changes earlier this year, forcing it to pivot its business. At the SXSW conference in Austin this weekend, Chou presented a glimpse of what Block Party is now up to with its […]