Sebastian Kanovich is the CEO of dLocal, which completed its IPO on NASDAQ in June 2021. He explains the customer trust rationale behind taking the company public.
“We went public. We went public. We was, we felt that we wanted to be better perceived by our customers. We wanted to give them an additional level of comfort.”
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More from Sebastian Kanovich
Opinion
Kanovich: Western tech leaders are blind to Chinese companies' emerging market ambition
“The level of innovation, the level of hard work, the ambition I saw there was mind blowing, and I was blind to it up until one year before, and I think many of us are blind, so the level of ambition that Chinese companies have in emerging markets, it's undenia…”
Sebastian KanovichSep 16, 2022▶ 22:52dLocal CEO Sebastian Kanovich: The $8BN Company You Might Not Know | 20VC #926 · 20VC with Harry Stebbings
Insight
Kanovich: Running formal fundraising processes is a very bad idea for startups
“First of all, you don't run processes. Very bad idea. That's something I learned.”
Sebastian KanovichSep 16, 2022▶ 11:47dLocal CEO Sebastian Kanovich: The $8BN Company You Might Not Know | 20VC #926 · 20VC with Harry Stebbings
Insight
Kanovich: Building in high-friction emerging markets creates a huge competitive moat
“If it was so hard on us, it would be hard on everyone. That's a huge barrier to entry.”
Sebastian KanovichSep 16, 2022▶ 20:45dLocal CEO Sebastian Kanovich: The $8BN Company You Might Not Know | 20VC #926 · 20VC with Harry Stebbings
PredictionNot checkable as stated
Kanovich: dLocal prefers small teams and will not significantly expand headcount
“We don't want many more people. We like small teams. I'm a big, big, big believer in small teams.”
Sebastian KanovichSep 16, 2022▶ 23:42dLocal CEO Sebastian Kanovich: The $8BN Company You Might Not Know | 20VC #926 · 20VC with Harry Stebbings
Opinion
Kanovich: The investment banking business model for IPOs is ripe for disruption
“And it's a business that I think it's, it has some sort of potential for disruption.”
Sebastian KanovichSep 16, 2022▶ 32:49dLocal CEO Sebastian Kanovich: The $8BN Company You Might Not Know | 20VC #926 · 20VC with Harry Stebbings
Insight
Kanovich: Managing at scale requires the right attitude, not prior experience
“I don't believe you need a certain level of experience to be running a certain size of business, but sometimes people don't have the attitude or they don't, they just don't want to do it.”
Sebastian KanovichSep 16, 2022▶ 37:00dLocal CEO Sebastian Kanovich: The $8BN Company You Might Not Know | 20VC #926 · 20VC with Harry Stebbings
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