1208 nutanix sales meeting

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01 NUTANIX INC. – CONFIDENTIAL AND PROPRIETARY Nutanix Sales Meeting August, 2012

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Transcript of 1208 nutanix sales meeting

Page 1: 1208 nutanix sales meeting

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NUTANIX INC. – CONFIDENTIAL AND PROPRIETARY

Nutanix Sales Meeting

August, 2012

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NUTANIX INC. – CONFIDENTIAL AND PROPRIETARY

A Brief History of Veritas

Selling in Startup Companies is hard

Use Your Assets

Product Lifecycle Transitions – A Risky Time

Final Thoughts

Agenda

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NUTANIX INC. – CONFIDENTIAL AND PROPRIETARY

A Brief History of Veritas1982 ($0): Startup as Tolerant Systems

1989 ($0): “Restarted” from Tolerant Systems (12 employees)

Established industry standard file and disk management software

1990 ($0): Renamed Veritas, ML as CEO

1993 ($10 M): Initial Public Offering$16 million raised, market cap of $64 million post-money

1997($121M): Acquired Open VisionEntered Backup / Recovery business

1999 ($700 M): Acquired Seagate SoftwareEstablished leading position in Windows NT market

2000 ($1.2 B): F1000 company (5,500 employees)

2001 ($1.5 B): New CEO

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NUTANIX INC. – CONFIDENTIAL AND PROPRIETARY

Selling in Start up Companies is VERY, VERY HARDNo brandIncomplete productLack of marketing materialsIncomplete competitive comparisonsLack of reference accountsNo “easy revenue”Lack of corporate credibilityAnd, lots of other barriers!

It is really tough to close dealsTwo Stories

It is not a job for the infantry…YOUR ARE NAVY SEALS

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NUTANIX INC. – CONFIDENTIAL AND PROPRIETARY

Use Your ASSETSHot company / hot technology / compelling price performanceSell what you have – set the customer expectations so the company can successfully implement

Build follow-on business and referencesDon’t fall into the trap of selling futures – just postpones closing

Build and nurture the channel – a FORCE MULTIPLIER (sales, support, service, brand, presence, etc.)Use your internal resources

Executives / Engineering / Marketing

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NUTANIX INC. – CONFIDENTIAL AND PROPRIETARY

Product Lifecycle Transition – A Risky Time

RisksWord leaks outCustomers wait for new product - Old product loses tractionInventory piles upIf new product is late it becomes a disaster!!!

Be DisciplinedIt is tempting, but DON’T SELL FUTURES

Forecast AccuratelyWe all like to “game the system”But the company needs to plan for success

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NUTANIX INC. – CONFIDENTIAL AND PROPRIETARY

Final Thoughts – Success in ANYTHING Requires:

FOCUS

COMMITMENT

INTENISTY

ENDURANCE

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NUTANIX INC. – CONFIDENTIAL AND PROPRIETARY

…Buy a dog

Final Thoughts – If you want a Friend…

ROXIE

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NUTANIX INC. – CONFIDENTIAL AND PROPRIETARY

Final Thoughts

Regret for the things we did can be tempered by time;

Sidney J. Harris (1917–86)

it is regret for the things we did not do that is inconsolable.

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NUTANIX INC. – CONFIDENTIAL AND PROPRIETARY

Nutanix Sales Meeting

August, 2012