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rjurney 2 days ago

Sounds like he ran up against the snails pace of enterprise sales. It takes patience. When I cofounded a company selling a KYC solution to global banks, I did a survey of 30 FinTech founders on how long it took to get ink on paper with a global bank. 18 months was the usual answer, and it took even longer to get an actual check. If demand for your product is from large enterprises and you don't plan for this up front you simply can't survive. SaaS and "no meetings" are a great alternative... if the demand is there and it scales to a real opportunity. A lot of startups get lured into dealing with calls because a huge company with a potential $1M+ sale looms and they could raise their next round now if they close it. It is hard to say no.