Startups must be adaptable and able to swiftly adapt to changing environments, much like species in nature.
Adapting and experimenting through mutations, such as strategic shifts and pivots, can lead to considerable advantages for startups.
The success story of Slack, which started as an internal communication tool and transformed into a workplace collaboration platform worth billions, exemplifies the importance of pivoting.
Similarly, Instagram's transformation from a location-based check-in app to a popular photo-sharing platform showcases the benefits of observation and adaptation.