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Emmanuel Schalit

CEO, OceanWings · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

founderexecutiveinvestor@eschalit ↗oceanwings.com ↗

Emmanuel Schalit co-founded and led credential manager Dashlane as CEO for nine years, scaling the company and raising over $200 million from investors including Sequoia Capital and Bessemer. Today, he serves as the CEO of OceanWings, a maritime cleantech company developing automated wingsail propulsion systems for commercial shipping.

14statements → 3claims → 1claims resolved → 4.29/5average certainty → 2.29/5average debate potential → ≈4.5/5argument clarity, estimated →

0 supported 0 partly supported 1 contradicted 2 not checkable as stated how the 3 claims stand · each chip opens the sources

2 predictions · 1 assertion · 3 opinions · 4 insights · 4 disclosures · every statement was checked. The predictions and assertion are the 3 claims: statements the public record can support or contradict. 1 is resolved, and 2 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Emmanuel argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable contradicted claim

Prediction Didn’t hold up
Schalit: Dashlane headcount projected to reach 450 employees within a year
“Now, suddenly you're talking about a company that's going to go from a year ago, we were eight people to today. We are 250 in a year. We'll be 450.”
Emmanuel Schalit Dec 6, 2019 ▶ 11:29 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane

How they sound: speaking style how? →

224 words/min while actually speaking · 1.6 um and uh per 1k words

No argument clarity score for Emmanuel Schalit: no usable question→answer exchanges on raw tape (a fair score needs 8+). We do not score a sample that small. Roundtable and news formats yield far fewer direct exchanges than interviews. Their coarse estimate from 25 exchanges on the produced feed is ≈4.5/5, shown at half point precision because the sample is small and produced tape scores higher.

Measured by listening to 5,644 words across 1 episode, but every recording we have of Emmanuel Schalit is the aired feed, and an editor cleaned that audio before release. Some of the hesitation was cut before we ever heard it, so read these as floors: the true rates are at least this high. These are measurements of speaking style, not scores. How it's measured →

How the interview went all their pushback → series average →

Across 1 rated episode:

host pushback ▾ 2/10
pushed back at the host 3/10
setup questions received 65%

Everything Emmanuel Schalit said on 20VC that made the record, most notable first. Filter by type, assessment or year in the ledger →

Opinion
Schalit: Lack of diversity in tech is a hard-to-cure cancer
“Diversity. More women, more people of color. That is a cancer running through the tech ecosystem today, and it's one that's really hard to cure.”
Emmanuel Schalit Dec 6, 2019 ▶ 31:35 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane
Insight
Schalit: Pure SaaS margins beat tech-enabled physical businesses on profitability
“When you think about some of the very large public or non-public companies like, you know, ride sharing and office space sharing, these are tech-enabled companies for which technology is somewhat important, but that structurally have very low gross margins bec…”
Emmanuel Schalit Dec 6, 2019 ▶ 17:08 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane
Insight
Schalit: Warehousing cash without fast growth puts equity underwater
“If you're not growing at an incredible rate, if you are not guaranteed to be worth way more money without using that capital, then you must deploy it because otherwise you will have raised your exit bar. You will have a lot of money in the bank, but you will n…”
Emmanuel Schalit Dec 6, 2019 ▶ 20:14 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane
Insight
Schalit: A startup board is not the CEO's boss
“With VCs, because your board is not your boss. You are running the company and you're running the board and you have to really understand that because you become effective at working with your board and your VCs. The moment you understand that the board is the…”
Emmanuel Schalit Dec 6, 2019 ▶ 23:46 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane
Assertion Not checkable as stated
Schalit: Dashlane needs multi-billion dollar exit to justify $110M Sequoia round
“For us, you know, we need to build a multi-billion dollar company for this to make any sense, and when you look at the history of companies, not many people succeed doing that, so that's the first part.”
Emmanuel Schalit Dec 6, 2019 ▶ 11:00 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane
Disclosure
Schalit: Sequoia's Jim Goetz convinced Dashlane to raise equity over debt
“You know, we had just raised a thirty million round of debt with no plan on taking equity, and in the meeting, Jim made me see the opportunity I was potentially missing by not considering an investment from Sequoia, and he convinced me in that meeting to rethi…”
Emmanuel Schalit Dec 6, 2019 ▶ 32:30 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane
Opinion
Schalit: New York is the top US hub for European entrepreneurs
“But today, the New York ecosystem, thanks to, you know, some of the investors we're fortunate to have, Has become, for me, the best destination for European entrepreneurs that want to expand or start in the US for the reasons I just mentioned.”
Emmanuel Schalit Dec 6, 2019 ▶ 34:20 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane
Opinion
Schalit: Internet authentication and transactions remain as broken as 30 years ago
“The way we transact, the way we authenticate is as broken today as it was 25 or 30 years ago when the internet started.”
Emmanuel Schalit Dec 6, 2019 ▶ 34:58 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane
Prediction Not checkable as stated
Schalit: Macro excess capital driving venture funding will persist long term
“So the thing that is fueling that excess of capital Is not about to go away anytime soon, whether we find it good or bad.”
Emmanuel Schalit Dec 6, 2019 ▶ 9:06 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane
Disclosure
Schalit: Pressure to raise Dashlane's mega-round came internally, not from board
“The pressure is not coming from the board and the investors. If you are A self-motivated executive. That pressure comes from inside. It's, you've just made the decision to take that round, and so as such, you have created that pressure for yourself. Nobody has…”
Emmanuel Schalit Dec 6, 2019 ▶ 14:33 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane
Insight
Schalit: 150 employees is the breakpoint where implicit trust fails
“Obviously, you have that number or that 150 limit, which is really, really very palpable because it essentially means when you are in an organization where you can't know everyone enough to trust them implicitly, and this is where vision and culture become so …”
Emmanuel Schalit Dec 6, 2019 ▶ 29:49 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane
Prediction Didn’t hold up
Schalit: Dashlane headcount projected to reach 450 employees within a year
“Now, suddenly you're talking about a company that's going to go from a year ago, we were eight people to today. We are 250 in a year. We'll be 450.”
Emmanuel Schalit Dec 6, 2019 ▶ 11:29 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane
Disclosure
Schalit: Dashlane is adapting its culture to take higher risk
“And for us, it's a challenging shift because we've been frugal over the years, and now we have to relearn how we do things. We have to learn how to take a level of risk we're not used to taking. All the ingredients are there, the market, the leadership team, t…”
Emmanuel Schalit Dec 6, 2019 ▶ 19:09 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane
Disclosure
Dashlane sends board decks 10 days early to focus meetings on strategy
“I'd say the second advice is to prepare the board materials a long time in advance. Send to, send them to your board members a long time in advance. We do that 10 days before our boards, and have individual discussions with each of them in advance of the meeti…”
Emmanuel Schalit Dec 6, 2019 ▶ 25:59 20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Your Boss and Lessons on Successful Board Management & The Biggest Breakpoints in Company Scaling with Emmanuel Schalit, Founder & CEO @ Dashlane

Appearances (1)

EpisodeDateSpeaking time
20VC: Why Raising A Mega-Round Makes Your Life Harder Not Easier, Why Your Board Is Not Yo Dec 6, 2019 26m
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