aws partner tech sv gtm
TRANSCRIPT
Building Successful GTM Strategy For the US market
Tae Hea Nahm | Managing Director
Tae Hea Nahm: Co-founder of Storm Ventures
Building Enterprise Leaders
Tae Hea Nahm of Storm Ventures: A Believer and a Skeptic in One
Secrets Of An Investor Who Built Two Unicorns
Building Enterprise Leaders
Market Leaders by Solving the GTM
Enterprise Sector Concentration
First/Early Investor
Repeated SuccessBuilds
Storm Brandand Platform
Financial Returns
16 years
5 funds
1 vision
Building Enterprise Leaders
Market Leaders by Solving the GTM
Enterprise Concentration First/Early Investor
Repeated SuccessBuilds
Storm Brandand Platform
Financial Returns
Marketing Sales Finance/Support
HR Eng Verticals
Lexigram
Security
Infrastructure
*
*
*
*
*
* **Exite
d
Storm Enterprise Concentration
GTM Disruption
Relationship SellingExperienced Sales Rep
Dependence
Other Platforms
Digital GTMScience w/ Data, Tools, Platforms
IndependenceRepeat, Scale, Predict
Want to buy
Potential Customers
Pote
ntia
l Cus
tom
ers
Traditional GTM: relationship
Nurture CloseWant to buy CloseProspecting
(rolodex) Experience
Nurture CloseWant to buy Close
CRM
Pote
ntia
l Cus
tom
ers
Inbound
TargetedOutboundPl
atfo
rm
MarketingAutomation
WinLeads
Digital GTM: no prior relationship
Name
Nurture CloseWant to buy Close
CRM
Pote
ntia
l Cus
tom
ers
Inbound
TargetedOutboundPl
atfo
rm
MarketingAutomation
Digital GTM: Storm investments
WinLeadsName
NurtureWant to buy Close
Pote
ntia
l Cus
tom
ers
Targeted Outbound: social
Who buy?Why buy? Pain & solutionHow contact? Social and Platforms
Platforms
Plat
form
Name of potential customer who wants to buy
NurtureWant to buy Close
Nurture CloseWhy buy? Pain & solutionWhere to learn? Search and Platforms
Platforms
Inbound: Customer opt in
Pote
ntia
l Cus
tom
ers
Plat
form
Name of potential customer who wants to buy
NurtureWant to buy Close
Fly fishing at scalePote
ntia
l Cus
tom
ers
Marketing AutomationSend content (eBook, video) personalized for that customer
when and where the customer wants it
Plat
form
LeadsName
CRMCustomer Records
Sales Process
Pote
ntia
l Cus
tom
ers
NurtureWant to buy Close
Plat
form
WinLeadsName
Why buy from me today?Repeatable sales process • Who Buy? • Why Buy? • How Sell? (Playbook, Customer org)
Why buy from me today?Repeatable sales process • Who Buy? • Why Buy? • How Sell? (Playbook, Customer org)
CRMCustomer Records
Sales Process
Pote
ntia
l Cus
tom
ers
NurtureWant to buy Close
Who buy?Why buy? Pain & solution
Plat
form
Alignment
WinLeadsName
Who Buy?
Why Buy?
Customer Success(Happy Customers; testimo
nial)
Learn from your early customers to align the GTM Blocks
Sales(Repeatable Close; win rate)
Marketing(Qualified Leads; leads/rep-
mo)
• What is the title of active user
• What is the title of the budget holder(other approvals required?)
• What is their key reporting metricand favorite screen
• How describe Pain and Solution
• Where learn about pain and solution
• What is their buying process and selection criteria (why me?)
• Why buy now? urgency• Why caused them to look?
• Target active user or budget holder to be the champion
• Identify blockers (budget, IT, …)
• Show Wow! (for the bossand user)
• Case Study; Sales collateral
• Foundation for sales process andcompetitive analysis
• Target Profile for targeting outbound and qualifying inbound
• Prepare to content to overcome blockers(show key reporting metric)
• Highlight in website, joint webinarand nurture campaigns
• Use description for search terms; website; message; content marketing
• Place for content marketing and ads
• Content marketing
• Is there a nearby potential wave? (such as an emerging new platform or major disruption)
• How to ride the wave? Right message to ride the wave
Surfing GTMAligning the GTM Blocks with the wave
Repeatable CloseQualified Leads
Wave
Happy Customers
How AWS helps our GTM?
Why does MobileIron use AWS?
Attribute Benefit
Cost effective & fast go-to market
No data center buildout; no machines to buy; pay Amazon as you grow
Respect data sovereignty by choosing in-country AWS regions
Multiple zones per region for high availability, while keeping data locally
Scalable deployment model allows us to grow with customers
Inherit securityfeatures from AWS
Physical & logical access controls protect infrastructure
Easily enabled data at rest encryption protects customer data stored in AWS
Country-specific certifications provide confidence for non-US customers
Pre-certified infrastructure speeds MobileIron’s certification process
AWS Certifications
Why does MobileIron use AWS?
• Thousands of MobileIron (MI) Cloud Tenants hosted in multiple AWS Regions• Leverages AWS global infrastructure
– MobileIron hosts MI Cloud in multiple AWS Regions (or locations) around the world– MobileIron Site Reliability Engineering Team manages MobileIron Cloud from US and India
• Leverages AWS services– MobileIron creates AWS templates for simplified deployment model– AWS Server Snapshots provide easy roll back– Amazon DNS simplifies DNS updates
AWS Regions:
MI Cloud ü ü ü ü
MI Cloud (FedRAMP Compliant) for US Federal customers
ü
MI Access ü ü
FedRAMPModerate
Smaller Storm Ventures US Startup - Tech Stack
Non AWS Tech StackTime Centric Database Communication Tools
AWS Tech StackCloudFormation
LambdaAPI Gateways
Kinesis Streams
IAM RolesRedshiftPostgresLogstash
Data Pipeline serversElastic Map Reduce
S2 BucketsCredstash
AWS Cloud
Startup’s proprietary code
AWS Tech Stack + Cloud reduces costs and drives innovation
How AWS helps our investments
WITH AWS• Rapid Innovation
(right tech stack)
• Relief for customers on data sovereignty, security, scalability, integration
• Lowest Cost
• AWS Marketplace
CLOSE CUSTOMERS• Growth !!!
INVESTOR RETURN• IPO
• M/A
Building Enterprise Leaders
Market Leaders by Solving the GTM
Enterprise Sector Concentration
First/Early Investor
Repeated SuccessBuilds
Storm Brandand Platform
Financial Returns
Korean SaaSRight tech stack (AWS)
5+ US customers (small $ ok)Early Digital GTM (website)
CEO frequent USA
Building Enterprise Leaders
Market Leaders by Solving the GTM
First/Early Investor
Repeated SuccessBuilds
Storm Brandand Platform
Financial Returns
Enterprise Concentration