He diluted his vision to garbage on the first enterprise customer. Because he needed to sell now. From OP, there is visible urgency to do sales even when the product is not ready.

Tesla was overhyped in the first decade after acquisition by Musk; it was bleeding money for 15 years. Arguably, the first Tesla cars were worse and pricier than traditional cars.

My point is that compared to the US, in Europe you have very few stories of successful stealth startups or startups that have needed lots of money for many years. That is a main reason why we cannot create a frontier LLM lab.