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Glossary

Pivot

A pivot is a structured change in a startup's product, customer, market, business model, channel, technology, or growth strategy after evidence shows that the current path is not working well enough.

Accurate as of Aug 23, 2026

Startup CultureProduct Markets

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Related terms

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Hair-on-fire problemA hair-on-fire problem is a customer problem so urgent, painful, costly, frequent, risky, or embarrassing that the customer is already trying to solve it now.AcquihireAn acquihire is an acquisition or acquisition-like transaction in which the buyer's primary goal is to hire the target company's team rather than to acquire the target's operating business, revenue, customers, or standalone product.Agentic AIAgentic AI refers to AI systems that can pursue a goal by planning, making decisions, using tools, and executing multi-step workflows with some degree of independence.

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Usage can vary across firms, programs, and jurisdictions; this definition describes the venture-scouting context.