Daniel Dines

9 statements across 1 episodes · 1 bullish · 2 bearish · 1 people on the record · first statement May 31, 2024 by Daniel Dines · across every show →

On the record as a speaker too: Daniel Dines's record, appearances and statements → this page counts the times other people say the name.

Everything said about Daniel Dines, oldest first

May 31, 2024 negative
Insight
Most corporate partnerships are marketing hype without direct leadership ties
“Most partnership are just marketing announcement hype. But if there is no personal connection, it's not will on both parties to make it happen, it's not gonna work.”
Daniel Dines May 31, 2024 ▶ 1:02:38 From Tiny Romanian Startup to Global AI Automation Leader | Daniel Dines, CEO of UIPath
May 31, 2024 bullish
Assertion Supported
Dines: UiPath founder maintains a controlling stake in the company
“Even today I have a controlling stake in UiPath.”
Daniel Dines May 31, 2024 ▶ 23:02 From Tiny Romanian Startup to Global AI Automation Leader | Daniel Dines, CEO of UIPath
May 31, 2024
Assertion Not checkable as stated
UiPath's first customer paid $10,000 without negotiation after Dines guessed the price
“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.”
Daniel Dines May 31, 2024 ▶ 5:59 From Tiny Romanian Startup to Global AI Automation Leader | Daniel Dines, CEO of UIPath
May 31, 2024
Insight
Dines: Operational sales rigor does not matter for early-stage startups
“Initially, for a startup, I think it's operationally doesn't matter, in my opinion. All it matters, it's built an extreme customer-centric culture.”
Daniel Dines May 31, 2024 ▶ 1:04:34 From Tiny Romanian Startup to Global AI Automation Leader | Daniel Dines, CEO of UIPath
May 31, 2024 neutral
Disclosure
Multiple VCs passed on UiPath because Dines demanded founder control
“There were a few funds that passed on us. And it was interesting, not valuation, but it was, they couldn't they couldn't accept to, leave me the control of the company.”
Daniel Dines May 31, 2024 ▶ 22:25 From Tiny Romanian Startup to Global AI Automation Leader | Daniel Dines, CEO of UIPath
May 31, 2024
Insight
Technical founders will never understand enterprise sales to the bare metal
“One of the issues I think a technical founder has is that they will never understand sales to the bare metal.”
Daniel Dines May 31, 2024 ▶ 1:03:04 From Tiny Romanian Startup to Global AI Automation Leader | Daniel Dines, CEO of UIPath
May 31, 2024
Insight
Dines: Partners open enterprise doors, but direct sales must close deals
“In our case, partners are not so important for us for reselling the technology. Partners are important to open the door and to implement our technology. But to win the deal, it's us. It's rare that the partner can win the deal for us.”
Daniel Dines May 31, 2024 ▶ 1:01:03 From Tiny Romanian Startup to Global AI Automation Leader | Daniel Dines, CEO of UIPath
May 31, 2024 negative
Prediction Not checkable as stated
Future AI systems will rely on small, dedicated models for routine tasks
“I don't think so, because I think nature is pretty smart. And if you look at how our Brain operates. We have a very good cognitive engine, but we are not using that cognitive engine to do trivial tasks. It's way too expensive. If you want to learn to swim or t…”
Daniel Dines May 31, 2024 ▶ 49:06 From Tiny Romanian Startup to Global AI Automation Leader | Daniel Dines, CEO of UIPath
May 31, 2024
Assertion Not checkable as stated
UiPath made at most $200,000 per year until 2013
“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.”
Daniel Dines May 31, 2024 ▶ 6:50 From Tiny Romanian Startup to Global AI Automation Leader | Daniel Dines, CEO of UIPath
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