*Drinks and casual conversation are not a particularly efficient way acomplish t... | Hacker News

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		swombat on Sept 23, 2010 \| parent \| context \| favorite \| on: Can we trust Michael Arrington? (AngelGate) Drinks and casual conversation are not a particularly efficient way acomplish that. Probably north of 50% of the sales of most enterprise software companies happens over drinks and casual conversation. And probably over 90% of business development deals happen in similar circumstances.

brudgers on Sept 24, 2010 [–]

Yes, and in those cases it isn't about the drinks and the conversation isn't really casual.

What do you call ten competitors doing business development together?

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