Best Pivots By Internet Startups
PayPal
What we know today as a popular online payment system initially took birth as a product created by a company called Confinity in 1999. It was created as a way to beam sums of money between the smartphones of the day.
When the company merged with X.com in 2000, still PayPal proved a better brand name and the company went on to carve a niche as the payment system among big companies.
