RE:RE:RE:RE:Does anyone have an Update on the Canopy GW Lawsuit? I recently finished working for a tech start up aimed at solving the issues that accompany large amount of applications received while in talent acquisition of big companies. I'm talking companies that make 10's-100's of thouands of hires a year and do volume in essentially every role they hire for. Selling to large enterprise takes time. Pipeline to start and close a deal was anywhere from a minimim of 6 months -18 months.
In the first 2 years we were blown away to land RBC and Bell, two leaders in their segments in Canada, along with some other small companies.
There were months we didn't onboard any new clients due to the "lumpy sales cycle".
Looks like within the first few months of this machine working, they landed some small fishes and entered into real agreements with the Bell's and RBC's of the marijuana world.
Once the startup got rolling they onboarded more frequently and the run rate on revenue month over month started to increase rapidly once it did. It took a couple quarters of just getting real data from existing clients to show new clients the potential. Then queue in their 6-18 month cycle to close that deal.
I'm happy with the rate of new clients regardless of the lack of dislosure on branding.
Sales will be lumpy until one day, it just won't be.
The company I worked for sold for 7 figures and everyone made bank.