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Drew Liwer

๐Ÿ‘ค Speaker
313 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

You can't sell direct.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

You need to sell direct, but you also need to build an aggressive channel program, which means other people are going to sell your stuff.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

And I don't know how many cybersecurity people you know.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

We are a very suspicious bunch, because that's our job.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

And the concept of relinquishing control and letting somebody else run with our product was a very difficult thing for us.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

Jim convinced us, and he brought this guy, Tom Turner, who's our, there's actually a thing called channel chief.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

He's our channel chief.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

He's been doing it for 20 years.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

And he very meticulously started building a very aggressive

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

channel program at Coral.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

In addition to that, what we heard from the channel was that our all-in-one concept was really good, but very hard for them to sell.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

because all of their customers basically already had some sort of cybersecurity.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

So our story of, oh, rip it out and put us instead was a little bit difficult.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

And in 2023, we reimagined our product as a modular cybersecurity platform.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

It's basically the same thing, but we allow customers and partners to consume it module by module.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

So if they want email security, they can just get email security.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

If they want endpoint security,

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

Great, they can just take that.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

And really, the entire approach with us and with our partners is a land and expand.

SaaS Interviews with CEOs, Startups, Founders
Coro Announces $100m Live on the Show, Their Partnership Playbook

So we go in selling endpoint security, and then we slowly try to displace everything else.