How to pivot away $34m: Israel’s Xeround shuts it doors with a lesson
The Next Web
MAY 12, 2013
Sales cycles were long and unpredictable. Charlotte Yarkoni – a senior exec at Amdocs, was asked to take over as CEO, and see if she could turn Xeround into a sort of ‘mini Amdocs’. It turned out that the backend operational expenses wound up costing more than Xeround was actually bringing in from their customers.
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