On: How Big Deals Kill Companies

[mjewkes]

Veeva is a notable counter example. They raised their A round (their only round) once they had a pilot deal in place with Genentech.

Though, at that point at least, Veeva was basically a salesforce reseller.

[akharris → mjewkes]

I love finding the counter examples because they keep me optimistic about what is actually possible, even if it isn't likely.

[mdda → akharris]

Hmm. There are weekly similar counterexamples among lottery-ticket purchasers. However, don't invest your life savings in the lottery - the optimism factor is a killer. Better to invest your savings / future in something more rational.