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Should you pivot your startup?

Did you know that YouTube originally started as a video dating site? With “Tune in, Hook Up” as their slogan?

And did you also know that Twitter originally started as a podcasting platform called Odeo?

The founders pivoted and the rest is history 🕰

Pivots are an integral part of the startup journey. Maybe one tiny feature works better than the whole rest of the product, or perhaps the market didn’t respond to your product the way you were expecting.

The reasons to pivot your startup can be many. It’s more a norm than an exception in early stage businesses.

In this video we sat down with Zachary Wang, CEO and Co-Founder of Neuron Mobility, a leading e-scooter and micro-mobility company operating across Australia, New Zealand, the UK, Canada and South Korea.

He shares with us what he learnt in pivoting his startup, initially stumbling in his original market but finding great success in other regions.

0:00 - Pivoting your startup with Neuron Mobility
1:02 - What is Neuron Mobility?
1:42 - The early days of Neuron
3:53 - Any second thoughts pivoting?
7:50 - Getting investors & the team onboard with the pivot
9:31 - What about the initial customers & market?
11:28 - Advice for founders
14:02 - Thanks for watching!

WHO ARE WE?

Jungle Ventures is a Singapore based Venture Capital Firm that invests in regional or global technology category leaders from Asia.

We collaborate closely with Founders to build the intrinsic value of their company by building a scalable organization and providing dependable long-term capital.

We have grown to become one of Southeast Asia's largest independent venture capital firms.

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