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How to pivot away $34m: Israel’s Xeround shuts it doors with a lesson

The Next Web

Xeround was founded in 2005 by Sharon Barkai – founder of Sheer networks, which was eventually sold to Cisco , and Dr. Gilad Zlotkin – founder of Class Data, also sold to Cisco. Sales cycles were long and unpredictable. Yarkoni managed to secure two U.S. What happens when you over-pivot.

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