The Ledger, every show

“The work of programmers are in a way lucky and happy creatures, because they build something. They are creators, you know, they are, in a way, artists, so they get the feeling of being completely in the flow.”

“When you don't doubt yourself, and you go to work and meet the people that appreciate you, this problem with money disappears. You'll always make money. And you'll always make good money. It's just getting to the right people.”

“And in, in my position, You know, you get to know all the shit that happens, most of the shit that happens in the company, and all the bad rumors, and all this guy did this, and this is not good for our culture, everything. It comes, and many times you don't e…”

“So we raised the first one in 2015. And we finished the year with, like half a million in revenue.”

“1.6 million to, I think, 8.1 post.”

“Provide clarity to people. Explain the rules. Explain, basically, explain your decisions. You don't have to say, this is, we decided this and this, because it will always create interpretations, temptations, explain them clearly, and explain what is uncharted …”

“I realized that Rob probably is the best kind of go-to-market leader that we can have. But the only way to get him was to give him the CEO title.”

“But I think there will be certain use, especially in understanding documents, reading documents, long documents, summarization of documents. This is gonna be really where we can apply AI as of today.”

“Last week, I had a call with one of our first customer, a huge advertising agency, and this guy, and we are really good friends. We play tennis together. So, told me, Daniel, I'm disappointed in in what you guys are doing. You lost touch with us. You just go o…”

“So over the last two years, we we've spent a lot of time really trying to fine tune LLMs, build around them, and certain degree of success.”

“No, I was, I, actually, I never left the company. Ok, so, I ran product and engineering directly, while Rob was co-CEO and CEO.”

“And he asked me, how much do you want for a license? And I thought, look, I had no idea. So, In a, on a, you know, on a hunch, I said, like, 10,000 dollars, and next day, basically, he wired the money without any negotiation, nothing.”

“So for a few years, until like, 2000 13, We were basically an OEM SDK business. Not very lucrative. I think most, I think at most we made like 200 K per year, which is kind of enough for it. It was like five people in the company, five developers.”

“In one of our fastest growing business is this document understanding business.”

“Yes, they are yes, this is what I refer to. They are these T-five based LLMs, but trained with a lot of A lot of the data that we gather.”

“We discovered that many of our customers actually use multiple LLMs.”

“I was living on like, 30 dollars a month. It's one dollar a day, right? At times, I didn't have money to eat properly.”

“You need to picture, like, early, 19, 90, Romania, just full of communism, but all the professors, the atmosphere was still very communist, ugly, people with kind of a fixed mindset.”

“She introduced once to Nicole Kipman, and I talked with her, like, five minutes, because Nicole was doing a movie, In Australia where she played someone with a Russian accent. And she thought that listening to me would help her.”

“Because I bootstrapped UiPath for, like, 10 years.”

“Dan Lupo, which is great friend of mine, and he was the first investor that discovered UiPath, came to me and say, okay, Daniel, we can do unlimited, but it's gonna be 25% discount.”

“If I went in front of a computer, and I could focus like 30 minutes, and start to work, after that my anxiety was gone completely, and I just got peace.”

“We had like, I think like, 506 hundred million in the bank.”

“And, so we finished 2018, like, with a hundred and seventy-five million in ARR, something like this.”

“Our growth in Japan was for a couple of years higher than in the US.”

“Well, the guy that I think I learned the most in my formative years is Paul Graham. I've never met him in person. But it was instrumental to my thinking of building a company, and this is one guy that I would like to have on the board for sure.”

“I am a lonely wolf. I find life pretty lonely, man. That's not only about this job, but I live mostly in my head. Thinking, analyzing, reflecting. This is how I spend my life.”

“When I was like 1920, and I started to play bridge, I didn't know any English at all. But the only good books about bridge were in English. So actually, I and a friend of mine both together, we put, You know, we had very little money, so we put together money …”

“So in five years working in Microsoft, my old savings were like a 150,000 dollars.”

“I bootstrapped the company for almost 10 years. 10 years, actually. We raised our first round of investment in July, the 1015. I started the company in 2005.”