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LEADERSHIP

In 2011, as we continued to miss our sales projections, we got a surprising lifeline: a Fortune 500 company offered to buy our software. It would be a multimillion-dollar deal, almost a hundred times bigger than any previous contract. And it was coming at a moment when bankruptcy seemed right around the corner. It couldn’t have been better timing.

Or worse—depending on how you see it.

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The prospect wanted us to fully customize our product to suit their very specific needs. We’d go from having a solution that could be used by anyone to one that worked only for a single company. That was counter to our business model. We wanted ...

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