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But we saved everything 🙂.
Gokul Rajaram reports that two startups recently lost significant enterprise deals due to buyer decisions. One involved a $1 million annual contract value deal halted just before final approval, while the other concerned a long-standing seven-figure contract now at risk.
Rajaram's comments shed light on the challenges startups face in closing and maintaining large-scale enterprise sales.
Rajaram previously commented on the challenges of venture investing, noting the difficulty of avoiding bias in backing startups. He highlighted Mike Moritz’s standout investment as a rare example in the sector. The recent enterprise deal losses add further context to the risks faced by founders and investors.