Schumpeter – Sberbank’s second pirouette | Business

TECH FIRMS with ropy business models are told to “pivot”—abruptly reinvent themselves in the hope that a new approach generates profits before venture capital runs out. YouTube is celebrated in business schools for hurriedly switching from a dating service to video-sharing; Slack ditched online gaming for corporate chat. Agile repositioning is not confined to Silicon Valley. In Russia the hustle to come up with the next tech darling has emerged from an unlikely quarter….


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[unable to retrieve full-text content]Insiders Sell, Yandex Plummets. Should You Worry?  AOL Source link

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