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Keith Davison
Co-Founder & Co-CEO @ Plerion (Exited founder)
Keith Davison is a seasoned entrepreneur and business leader who currently serves as Co-Founder & Co-CEO at Plerion, a cloud security company.1 Here's a comprehensive overview of his background and experience:
Professional Experience
Keith has over 18 years of experience in building and leading startups.2 His most notable achievements include:
Co-founding Cloud Conformity:
- In 2016, Keith co-founded Cloud Conformity, a public cloud infrastructure security, compliance, and governance platform.1
- The company was acquired by Trend Micro in October 2019 for $100 million.2
Leadership at Plerion:
- After the Cloud Conformity exit, Keith co-founded Plerion, where he currently serves as Co-Founder & Co-CEO.1
- Plerion focuses on helping customers identify and address critical cloud security risks.2
Other Roles:
- Partner & Group CCO at Paloma, a venture studio in Australasia.1
- Board Advisor & Investor for companies like Authsignal.1
- Angel Investor in various startups, including Hometime, Chipper Cash, Mr Yum, and others.1
Education
- Commerce degree in Business Management and Business Law from the University of Otago (2004-2006).1
- Post-Graduate Certificate in Management from AGSM @ UNSW Business School (2014-2015).1
- Company Directors Certification from the Institute of Directors in New Zealand (2022).1
Skills and Expertise
Keith's expertise lies in:
- Building and scaling startups
- Global sales strategy and execution
- Cloud technology and security
- Venture building and investing
Personal
Keith is based in New Zealand and has international work experience, including roles in Australia, the UK, and managing global accounts.1
Highlights
So, what do revenue teams really care most about at early stage ventures:
➡ Generating revenue, hitting sales target & hitting top of funnel targets ➡ They care way more about short term vs long term pipeline building in general, especially at early stage startups ➡ Retaining & growing happy customers and growing wallet share ➡ Brand recognition & customer advocacy over time
However, things are harder than ever in the field:
🎃 For younger companies, leads, leads, leads continue to be genuinely hard to generate at scale with old methods generating less ROI 🏓 Outbound sales efficacy is dropping fast & sales teams struggle to innovate, adapt & evolve to new techniques 🎾 Rise of AI to automate & generally speed up productivity creates downstream challenges around individual skillsets, results generated but also getting teams to adopt these effectively is hard 🥊 Buying behaviour continues to evolve fast, sellers struggle to adapt & find this challenging to navigate 🎳 Remote work impacts day to day motivation, it's easier to move at a slower pace, work becomes is less fun, its lonely & as a result the lack of in person energy impacts performance in the end 🌏 Meeting prospects & customers face to face again, alot of reps have forgotten how to hit the road & get active, this is a big opportunity for everyone in 2024 🏟 Building community, relationships & a core following is a must but reps live in the moment and think short term so struggle to operationalise this 🦄 B2B brand building is generally under invested in, in early stage companies 🍍 B2B nurturing is stale, no real innovation in methods & approaches I think this is a big opportunity 🔔 Getting meaningful ROI on marketing activities has always been hard & experimenting on new channels & new ideas in practice is tough with the extreme short term focus of revenue teams 🖍 Everyone is expected to do more with less but very few know how to do this 🍄 Obviously tough macro market conditions compound all these challenges ➡ Multiple roles in the typical revenue machinery are under the microscope to deliver results 💠 Very little time is invested in genuinely new channels for growth & experimentation so status quo remains 🔸 With the rise in remote selling, managing relationships is challenging 🍑 It's hard to maintain your teams focus on your ideal customer profile as attention always drifts
Mastering the craft of generating revenue is a never ending journey of discovery, hard work and persistence and never stays the same year to year!
What else do you see to add to this list?
#startups #growth #sales #revenue
Something I deeply believe in when running teams at early stage venture backed startups is "what are the core operating principles" we all hold ourselves accountable to on daily basis. At Plerion we have a set of values / principles for the company, for our product / engineering teams & the commercial team. I wanted to share with you:
"The Plerion Commercial Credo"
- Discipline, extreme focus & consistency are the only key to success
- Customer outcomes & others first, always. This is not about you.
- Help each other, collectively we can win, alone we can’t
- Humbleness & integrity, no compromise
- Continuous learning to achieve leading product & market knowledge
- Trust as a default, don’t lose it! You get it once
- Own your business, analyse the data, focus on the metrics
- Love ecosystem selling, it will help you win
- Excellence is not a skill, its an attitude
- If you’re going through hell, keep going
With every team i've had the pleasure to lead we always embedded similar operating principles. The way we operationalise these principles is twice a week in internal meetings we randomly pick 1-2 people and ask them to recite these + ask for examples of how they saw the credo deployed in that given week both positive and negative and this way it allows us as a group to live and breath these principles and debate them. My belief is, this gives our group a true identity and a connection to each other that makes us both better people but better business contributors as well.
What do you do? What's worked or not worked for you?
#venture #startup #cloudsecurity #founders
