selling it services to silicon valley

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SELLING IT SERVICES TO SILICON VALLEY SPEAKING THEIR LANGUAGE

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Page 1: Selling IT Services to Silicon Valley

SELLING IT SERVICES TO SILICON VALLEY SPEAKING THEIR LANGUAGE

Page 2: Selling IT Services to Silicon Valley

DEC PDP-10 MAINFRAME, 1976 By Michael L. Umbricht, The Retro-Computing Society of RISun-collector at en.wikipedia, from Wikimedia Commons

Page 3: Selling IT Services to Silicon Valley

Photo courtesy Computer History Museum

Page 4: Selling IT Services to Silicon Valley

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“PEOPLE FROM SILICON VALLEY CAN DO ANYTHING” -Elon Musk

Image by OnInnovation

Page 5: Selling IT Services to Silicon Valley

Optimism, Confidence &

Excitement

Closing Deals With Standard

Terms

Avoiding Expectation Disconnect

Telling the Right

Story

Page 6: Selling IT Services to Silicon Valley

HEWLETT-PACKARD HEAQUARTERS, 1939 Image Courtesy of the Computer History Museum

Page 7: Selling IT Services to Silicon Valley

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“I wasn’t a founder in the sense that I contributed

anything scientifically, but in the sense that I signed

the corporation papers and owned founder’s

stock.” - Arthur Rock

Image By Singhaniket255 (Own work) [CC BY-SA 4.0, via Wikimedia Commons

Page 8: Selling IT Services to Silicon Valley

Optimism, Confidence &

Excitement

Telling the Right

Story

Being Comfortable &

Familiar

Avoiding Expectation Disconnect

Page 9: Selling IT Services to Silicon Valley

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THE FIRST MEETING IS ABOUT THEM, NOT YOU

Page 10: Selling IT Services to Silicon Valley

BEING A “GREAT SOFTWARE COMPANY” IS NOT ENOUGH

Page 11: Selling IT Services to Silicon Valley

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1. WE TRIED 2. WE FAILED 3. WE LEARNED 4. WE SUCCEEDED 5. NOW WE HELP OTHERS

Page 12: Selling IT Services to Silicon Valley

“Fail fast, fail often.” - Silicon Valley Saying

“VCs bury their dead very quietly.”

- Shikhar Ghosh, Harvard Lecturer

Page 13: Selling IT Services to Silicon Valley

Optimism, Confidence &

Excitement

Being Comfortable &

Familiar

Avoiding Expectation Disconnect

Telling the Right

Story

Page 14: Selling IT Services to Silicon Valley

‹#›

COMMUNICATION IS THE MOST COMMON DEAL BREAKER

Page 15: Selling IT Services to Silicon Valley

USE STANDARD AMERICAN TERMS

Page 16: Selling IT Services to Silicon Valley

AN AMERICAN LLC WILL HELP CLOSE DEALS

Page 17: Selling IT Services to Silicon Valley

NEVER COMPETE ON PRICE

Page 18: Selling IT Services to Silicon Valley

Optimism, Confidence &

Excitement

Being Comfortable &

Familiar

Avoiding Expectation Disconnect

Telling the Right

Story

Page 19: Selling IT Services to Silicon Valley

BE THE RIGHT KIND OF ROCKSTARS

Page 20: Selling IT Services to Silicon Valley

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HELP THEM MANAGE THEIR MONEY

TO BUILD A TRUE PARTNERSHIP, HELP THEM MANAGE THEIR BUDGET

Page 21: Selling IT Services to Silicon Valley

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“90% of VC’s add zero value to a startup.”

- Vinod Khosla, CEO Sun

Microsystems

Page 22: Selling IT Services to Silicon Valley

WHAT EVERY SILICON VALLEY STARTUP REALLY WANTS

Image by ForgeMind ArchiMedia

Page 23: Selling IT Services to Silicon Valley

By 2020, there will be 1.4 million new computer science jobs, but only

400,000 US computer science students.

US Venture Capital funding is on track to reach a record $70B this year.

Page 24: Selling IT Services to Silicon Valley