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Best Pivots in Internet History
The best pivots in Internet history tell the tales of the tech startups who began their journey to the top as one type of company then made a drastic change for the better. It's hard to think about a world without Internet giants like Facebook, Twitter and YouTube, but without their well-timed pivots, they'd be much different from the companies we know today.
It may not be common knowledge, but many of the websites, social networks and online services that we all use daily almost never happened. Before logging into your Facebook account first thing in the morning, think about what might have been if the company remained a site to pick which of two faces were hottest. Imagine how you'd discover viral videos and listen to your favorite music had YouTube remained a video dating site. Try to comprehend how you'd get your news and hear when your coworker checked into Starbucks on Foursquare had the founders of Twitter stuck to their original idea of a home for podcasts.
It's hard to believe that all of these successful companies came from pivots but more companies than most would expect actually came as a second attempt. Before pioneering mobile phones Nokia produced everything from rubber boots to chemicals. Decades before becoming a leader in gaming Nintendo had ill-advised attempts at producing playing cards, operating a taxi service and even ran adult hotels first.
For startups, knowing when to pivot is perhaps one of the trickiest and most emotional parts of the job but as these successful Internet companies have proved, sometimes when things aren't going so well, changing course can be the key between becoming second fiddle to Foursquare, like the original version of Instagram, to becoming a property swooped up for a billion dollars, like the highly successful photo sharing platform that Instagram became.
It may not be common knowledge, but many of the websites, social networks and online services that we all use daily almost never happened. Before logging into your Facebook account first thing in the morning, think about what might have been if the company remained a site to pick which of two faces were hottest. Imagine how you'd discover viral videos and listen to your favorite music had YouTube remained a video dating site. Try to comprehend how you'd get your news and hear when your coworker checked into Starbucks on Foursquare had the founders of Twitter stuck to their original idea of a home for podcasts.
It's hard to believe that all of these successful companies came from pivots but more companies than most would expect actually came as a second attempt. Before pioneering mobile phones Nokia produced everything from rubber boots to chemicals. Decades before becoming a leader in gaming Nintendo had ill-advised attempts at producing playing cards, operating a taxi service and even ran adult hotels first.
For startups, knowing when to pivot is perhaps one of the trickiest and most emotional parts of the job but as these successful Internet companies have proved, sometimes when things aren't going so well, changing course can be the key between becoming second fiddle to Foursquare, like the original version of Instagram, to becoming a property swooped up for a billion dollars, like the highly successful photo sharing platform that Instagram became.
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- 1Up 19Down 3Data Processing, Hosting, and Related Services“ First created to serve as a video dating platform, YouTube grew into becoming the largest video sharing site on the planet. „
- 2Up 14Down 4“ Months before making microblogging wildly popular, Twitter was founded as Odeo, a platform on which to post, subscribe to and listen to podcasts. „
- 3Up 13Down 4Social Network“ Before The Facebook was Fashmash, where users (read horny college males) could compare two faces side by side to vote on which was hotter. Needless to say, Facebook was the much more successful venture. „
- 4Up 12Down 4Payment Service Provider“ The payment processing Internet giant was originally created to work for exchanging money on the go for people with PDAs. „
- 5Up 9Down 3
Pandora Radio
“ At first, Pandora sought to develop a music recommendation service that could be sold to companies like AOL and Yahoo then passed along to the masses but when that didn't work, they went right to the people, added in a social aspect and became wildly successful. „ - 6Up 10Down 6
Instagram
“ Originally created as a platform for location-based checkins (similar to Foursquare), Instagram became wildly successful for image sharing, including to the tune of $1 billion when Facebook purchased the company in 2012. „ - 7Up 10Down 6
Flickr
“ Created almost by accident, Flickr became a photo sharing site after the MMORPG it was once part of failed leaving only a successfully executed way for lots of people to share photos. „ - 8Up 7Down 5
Groupon
“ Originally just a minor feature on a fundraising startup called The Point (similar to what is now Kickstarter), Groupon grew into a leader in daily deals. „ - 9Up 7Down 6“ Yelp founders, who previously worked for fellow pivoting company PayPal, originally created an email system that would allow people to contact others for recommendations on local businesses then made the leap to provide a one-stop shop for local business reviews. „
- 10Up 5Down 7
Chartbeat
“ Though originally created with the intent to offer insights to website owners about their visitors, Chartbeat changed their method of operation from providing on-site chat functions on websites to offering detailed and quite popular site analytics now used by some of the biggest companies in the world. „ - 11Up 5Down 7
Fab
“ Started as Fabulous, a cross between Groupon and Yelp, the founders of Fab recognized that their idea was not working and made the leap to pivot into a design company, a decision that is on track to generate $100 million in 2012 alone. „ - 12Up 4Down 6
Docstoc
added by: Randolph - 13Up 0Down 2
CIMB
Financial Servicesadded by: sandywoon - 14Up 3Down 8
Chegg
“ Popular on campuses across the country, Chegg initially served as a home for college classified ads before making a pivot to become the top spot for college textbook rentals. „ - 15Up 2Down 7
Turntable.fm
“ In one of the most drastic pivots, Stickbits, a platform that would allow users to scan barcodes on their smartphones to trigger media goodies like photos and videos, pivoted to become Turntable.fm, a popular social music site. „ - 16Up 6Down 12Internet Publishing and Broadcasting and Web Search Portals, Search engine Moreadded by: Ron Mexico“ Former "human-powered search engine" now makes educational iPad apps and videos. „
- 17Up 0Down 5
Dimension Data Holdings
Information technologyadded by: sandywoon -
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Best Pivots in Internet History at 12/14/2012 3:30 PM
Best Pivots in Internet History at 11/04/2012 7:30 PM
Best Pivots in Internet History at 9/11/2012 11:30 PM