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None of this eliminates the need for a large customer service team.
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In this interview, Jalil tells the story of how, after raising Series A funding for Elastica, a large customer told him that they would not buy Elastica's product.
What about building a white-label version for a large customers as a way to hit quarterly targets?
Traditionally, this has been a tall order for companies with a large customer base.
For instance, the two companies have a large customer base for their free e-mail services that combined could be as large as 500 million accounts.
For example, Copenhagen-based Podio is fast at building a large customer base for its web-based work application.
That will make Cisco a large customer for Corning, based in Corning, N.Y.
One practitioner reported that after viewing a presentation about the corporation's foresight efforts, a large customer asked for assistance in conducting their own foresight project (I11).
This can be a big problem if the startup gets a large customer early for what could be a niche business.
With a big staff specialized in marketing and growth, 500 Startups is basically betting that its brand is one that will attract companies looking to figure out how to quickly build a large customer base for their products.
Ship operators have since cut costs to attract the middle class as well as younger passengers, and train operators could probably do the same if the heavily subsidized competition from Amtrak didn't make it harder for them to build a larger customer base and achieve economies of scale.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com