[mchannon]

6. You may want to beg, borrow, or steal the funding to get a professional accounts receivable presence going (someone who patiently and persistently reminds those delinquent customers that they're behind on their bills). Reading between the lines leads me to believe that you'd be far happier with your situation (and in a far stronger financial position) if you didn't have your late payments problem.

You're making a comfortable pile of revenue each month, but unless you see an explosive growth curve ahead, you're not likely to ever get much further than ramen profitable. There's got to be a better way, and doing what you can to get acqui-hired by one of the bigs is probably worth thinking about; as long as they don't slap on the golden handcuffs for too long you can come out financially ahead, while you work out your next big startup that has a bigger exit strategy.

Go big or go home, they say. I'd try to go home first, then try to go big with something new.

[struggle]

That is actually our main problem, we are stuck due to that and are unable to expand accordingly thanks to all the late payment.

Definitely agree with going home first. Will re-evaluate the option of getting in bed with the bigs carefully.

Thank you.