People, every show

Emmanuel Schalit

CEO, OceanWings. On 2 shows, 1 appearance. The Shows tab opens the full record on each.

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.

2shows
1appearances
14statements
1resolved
0supported
1contradicted
0%fully supported

Everything Emmanuel Schalit said on any show that made the record, most notable first. Each card names its show and opens the statement there.

20VC 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
20VC 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
20VC 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
20VC 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
20VC 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
20VC 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
20VC 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
20VC 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
20VC 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
20VC 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
20VC 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
20VC 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
20VC 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
20VC 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

One line per show, most statements first. The link opens Emmanuel's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

ShowRole thereEpsStatementsRecord
TOP FOUNDERSLEDGER CEO, OceanWings 0 0 full record on Top Founders →
20VCLEDGER CEO, OceanWings 1 14 0% 0/1 full record on 20VC →
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