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CharlieDigital 2 days ago

    > you better take a half dozen executives with you or you'd never get the first meeting no matter how good the product was
I spent ~16 years of my career in life sciences and this is also my experience. There's no way you get into an enterprise account with a pharma as a startup without a lot of deep connections; life sciences space is very high in regulatory requirements and risk and the risk/reward ratio with startups simply isn't worth it.

In my specific space, clinical trials can run for years. A company that might fold if they run out of runway? Non-starter. I was a member of a small company that did make this work and it required that we put our code in escrow with a large multi-national IT company that owned the support contract (customer paid us for licensing, paid multi-national IT company for support, our source code went into escrow).