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$100M in Pipeline With "Piggyback" Partnership: David Ly @ Iveda

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Manage episode 489640656 series 3602312
Content provided by Marketing SG and Ishaan Shakunt (Founder @ Spear Growth). All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Marketing SG and Ishaan Shakunt (Founder @ Spear Growth) or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

How do you build $100M in pipeline without a massive sales team?
David Ly from Iveda had the best answer:

Partner with someone who already has one.

After 20+ years of building cloud video and AI platforms, here’s what he figured out:

Big companies tend to move slow.

Which means, if it takes them 9 months to build something, David and his team can do it in 3.

They didn’t have the speed of innovation that David had gained from his experience with AI.
And he didn’t have their sales muscle.
He didn’t have hundreds of reps on the ground, or decades of buyer relationships.

So he flipped the script:
He gave them innovation.
They gave him distribution.

“Your big brother companies, they have the sales and marketing strength to do what we couldn’t.”

It’s a yin and yang setup.

The big players were missing an innovation department. David became that for them, and in return, they plugged Iveda into their distribution.

This is how he built a global reseller network that now spans the US, Europe, Asia, Africa, and the Middle East.
And no, it wasn’t easy:

- It took 5+ years of relationship-building, field trials, and proof
- A 35-person team working across all time zones
- And $35M+ raised to fund the motion
Now, they’re tracking $100M+ in pipeline, and possibly more by year-end.

If you’re trying to go global without going broke, do not miss this episode.


Hosted by Ausha. See ausha.co/privacy-policy for more information.

  continue reading

Chapters

1. TLDR (00:00:00)

2. Intro (00:02:44)

3. Deep Dive (00:03:17)

4. Outro (00:49:15)

39 episodes

Artwork
iconShare
 
Manage episode 489640656 series 3602312
Content provided by Marketing SG and Ishaan Shakunt (Founder @ Spear Growth). All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Marketing SG and Ishaan Shakunt (Founder @ Spear Growth) or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

How do you build $100M in pipeline without a massive sales team?
David Ly from Iveda had the best answer:

Partner with someone who already has one.

After 20+ years of building cloud video and AI platforms, here’s what he figured out:

Big companies tend to move slow.

Which means, if it takes them 9 months to build something, David and his team can do it in 3.

They didn’t have the speed of innovation that David had gained from his experience with AI.
And he didn’t have their sales muscle.
He didn’t have hundreds of reps on the ground, or decades of buyer relationships.

So he flipped the script:
He gave them innovation.
They gave him distribution.

“Your big brother companies, they have the sales and marketing strength to do what we couldn’t.”

It’s a yin and yang setup.

The big players were missing an innovation department. David became that for them, and in return, they plugged Iveda into their distribution.

This is how he built a global reseller network that now spans the US, Europe, Asia, Africa, and the Middle East.
And no, it wasn’t easy:

- It took 5+ years of relationship-building, field trials, and proof
- A 35-person team working across all time zones
- And $35M+ raised to fund the motion
Now, they’re tracking $100M+ in pipeline, and possibly more by year-end.

If you’re trying to go global without going broke, do not miss this episode.


Hosted by Ausha. See ausha.co/privacy-policy for more information.

  continue reading

Chapters

1. TLDR (00:00:00)

2. Intro (00:02:44)

3. Deep Dive (00:03:17)

4. Outro (00:49:15)

39 episodes

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