tl;dr: today, I am launching my new company: Pivotal AG.
Long version: Last week we presented a new ownership structure with an extensive management buy-in at my last venture Allthings. Now it is to announce what I will be doing in addition to my mandate as Chairman of the Board of Directors at Allthings.
History plays a role here: founding and scaling four tech start-ups and working with hundreds of other tech entrepreneurs over the past 23 years have taught me one thing above all: in 9 out of 10 cases, the actual development of a venture deviates fundamentally from the original plans. In two thirds of such entrepreneurial journeys, things even deteriorate once to the point of a possible complete failure.
Pivoting – a fundamental reorientation of the business model – is regularly a necessity in tech ventures; however, it is also very challenging for founders, board members and investors. I have experienced this myself several times, both professionally and personally.
Systematically executed pivots, on the other hand, almost always offer unexpected opportunities to set up a company and its employees in a truly sustainable and aligned way – and to prevent a massive loss of assets and of blood, sweat and tears.
After observing the challenges faced by many others in such pivot situations, I decided to make “effective pivoting” my mission: Pivotal is a data-driven company that offers founders, board members and investors systematic support before or in pivot situations, until a company has found its home itself or through M&A in a new setup.
Find out more here:
At Allthings, I will remain Chairman of the Board of Directors, more than ever: in collaboration with Pivotal, I will drive forward the consolidation and integration of the tech world in the real estate sector.
This piece is a perfect blend of intellect and heart. The ideas you present are complex, but you navigate them with such ease that it feels like you’re inviting the reader to walk alongside you, step by step, through a maze of thought and emotion. It’s the kind of writing that challenges you and comforts you all at once.
Good shout.
LV
Nice
Nice
BW
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