I think a year is more than enough to figure out if you have the wrong product. Kudos to the team - they might have been able to raise money to keep plugging a

I think a year is more than enough to figure out if you have the wrong product. Kudos to the team - they might have been able to raise money to keep plugging away, but they've seen the writing on the wall. I know nothing about their company or their team, but I do know that product-market fit is something you have, or you don't. There's no real middle ground, so if you don't have it, you need to madly iterate/pivot until you do, or cut your losses and move onto the next project.