Greylock general partner Reid Hoffman shares his experience during PayPal's numerous pivots, and outlines how pivots have built some of the iconic tech companies in modern history. Hoffman describes how pivots are an integral part of the entrepreneurial process for startups: Whether you're pivoting in the early days because you haven't yet found product-market fit, or you're pivoting by reinventing yourself later on, all companies – if they're going to become and stay successful – are going to have to pivot.

You can read the essay based on this conversation here: https://greylock.com/greymatter/reid-hoffman-the-startup-pivot/

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