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Daniel Dines

Founder & CEO, UiPath · 1 appearance on the record.

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founderexecutiveengineerinvestor@danieldines ↗LinkedIn ↗uipath.com ↗Wikipedia ↗

Daniel Dines co-founded UiPath in Bucharest in 2005, bootstrapping it into a leading robotic process automation company before its 2021 NYSE public listing. Widely recognized as one of Romania's wealthiest individuals, he returned as UiPath's CEO in 2024 to oversee its agentic AI strategy.

11statements → 2claims → 2claims resolved → 4/5average certainty → 3/5average debate potential → 12said about them ↓

2 supported 0 partly supported 0 contradicted how the 2 claims stand · each chip opens the sources

2 assertions · 4 opinions · 4 insights · 1 disclosure · every statement was checked. The predictions and assertions are the 2 claims: statements the public record can support or contradict. 2 are resolved. 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 Daniel argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Dines: UiPath moved from $400M burn to cash flow neutral in 2020
“We turned guys from four hundred million burn to cash flow neutral in just one year. It's almost unheard of. While growing 80%.”
Daniel Dines Jun 14, 2023 ▶ 36:20 Scaling a B2B Leader from $0 to $1B+ ARR: Insights from UiPath's CEO and Founder Daniel Dines

Expressed certainty vs assessment result

none yet certainty 1
none yet certainty 2
none yet certainty 3
100% certainty 4
100% certainty 5

weighted support: a fully supported claim counts one, a partly supported claim counts half. Each filled bar is clickable and opens exactly those claims; "none yet" means nothing said at that certainty level has resolved yet

Everything Daniel Dines said on the Official SaaStr Podcast that made the record, most notable first. Filter by type, assessment or year in the ledger →

Opinion
Dines: Work-Life Balance Is 'a Stupid Thing for Everyone'
“I don't like balance, work-life balance. This is a stupid thing for everyone. You have to be immersed.”
Daniel Dines Jun 14, 2023 ▶ 28:26 Scaling a B2B Leader from $0 to $1B+ ARR: Insights from UiPath's CEO and Founder Daniel Dines
Opinion
Dines: Masayoshi Son's 'You Are Not Crazy Enough' Ethos Is Bullshit
“When I heard the Masayoshi-san saying, you are not crazy enough, that's bullshit, guys. I am fucking crazy, and I can be crazy enough, but I am gonna burn billions of dollars. I will overbrown the market with reps, and then they will step each other's toes, an…”
Daniel Dines Jun 14, 2023 ▶ 30:37 Scaling a B2B Leader from $0 to $1B+ ARR: Insights from UiPath's CEO and Founder Daniel Dines
Opinion
Dines: SoftBank-backed rival built bloated company ruined by COVID
“Our main competitor at that time were trying to catch us, especially with SoftBank money. So they were pouring a lot of money into the, into everything. Sales, marketing, build a blotted company, and COVID hit, and they were fucked.”
Daniel Dines Jun 14, 2023 ▶ 35:49 Scaling a B2B Leader from $0 to $1B+ ARR: Insights from UiPath's CEO and Founder Daniel Dines
Insight
Dines: Trying to Create a Software Category Is a Sign of Arrogance
“I don't think that the desire to make a Category is the right approach to build software. I think it's a sign of arrogance. I want to build a new category. It's I think it's gonna clutter your mind if you feel, it's, you feel too much, you put too much pressur…”
Daniel Dines Jun 14, 2023 ▶ 14:07 Scaling a B2B Leader from $0 to $1B+ ARR: Insights from UiPath's CEO and Founder Daniel Dines
Insight
Dines: Software customers do not care about architectural purity
“Customers don't care about purity. This is also another lesson, guys. It's you, if you aim to purity, it's the wrong way to do. It's you need to aim for kind of something that is, I mean, it's like life. Purity in a way burns everything around it, and you don'…”
Daniel Dines Jun 14, 2023 ▶ 18:26 Scaling a B2B Leader from $0 to $1B+ ARR: Insights from UiPath's CEO and Founder Daniel Dines
Opinion
Dines Agrees With Slootman That Customer Success Is a 'Fluffy' Job
“He thinks also customer success. It's a fluffy job, and it doesn't exist. And to certain extent, I agree with this, but it's a very hardcore thinking.”
Daniel Dines Jun 14, 2023 ▶ 39:23 Scaling a B2B Leader from $0 to $1B+ ARR: Insights from UiPath's CEO and Founder Daniel Dines
Insight
Dines: Hiring expert A-players without chemistry is a recipe for disaster
“My biggest learning in hiring, you should go for chemistry versus expertise. I was always under impression that you, if you can assemble a team of A players, highly experts in their domain, this is gonna work. It is far away from working. This is a recipe for …”
Daniel Dines Jun 14, 2023 ▶ 20:13 Scaling a B2B Leader from $0 to $1B+ ARR: Insights from UiPath's CEO and Founder Daniel Dines
Insight
Dines: Personalities never change and conflicting colleagues will never get along
“People cannot change in life. This is also another big lesson. People's personality will never change. So you see two people that don't get along, they will never get along.”
Daniel Dines Jun 14, 2023 ▶ 22:26 Scaling a B2B Leader from $0 to $1B+ ARR: Insights from UiPath's CEO and Founder Daniel Dines
Assertion Supported
Dines: UiPath moved from $400M burn to cash flow neutral in 2020
“We turned guys from four hundred million burn to cash flow neutral in just one year. It's almost unheard of. While growing 80%.”
Daniel Dines Jun 14, 2023 ▶ 36:20 Scaling a B2B Leader from $0 to $1B+ ARR: Insights from UiPath's CEO and Founder Daniel Dines
Disclosure
Dines: Early customer warned UiPath lost touch by chasing revenue
“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…”
Daniel Dines Jun 14, 2023 ▶ 12:04 Scaling a B2B Leader from $0 to $1B+ ARR: Insights from UiPath's CEO and Founder Daniel Dines
Assertion Supported
Dines: UiPath bootstrapped for 10 years before 2015 fundraise
“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.”
Daniel Dines Jun 14, 2023 ▶ 37:22 Scaling a B2B Leader from $0 to $1B+ ARR: Insights from UiPath's CEO and Founder Daniel Dines

The other half of the tape: Daniel Dines's own voice is left out of every number here. Other people bring the name up 11 times in 6 episodes on the Official SaaStr Podcast. 1 statement on the record names them. every mention, with the transcript →

Who brings them up most Jason Lemkin 7Robert Lacher 4

Statements about Daniel Dines, by other people (1)

Assertion Supported
Lemkin: UiPath took 10 years to reach $1M revenue before hypergrowth
“It took him 10 years to get to one million in revenue, and then he went from one to a hundred, I think, in three years, or two years.”
Jason Lemkin Jul 12, 2023 ▶ 17:52 The Cold, Hard Truths About SaaS In 2023: Part 1 AMA with SaaStr CEO and Founder Jason Lemkin

Every mention by year

tap a year for its mentions
00326320232024episodesmentions
02320232024episodes it came up in
0011.52320232024episodesmentions per episode
2024 6 mentions in 3 episodes 2 per episode
2023 5 mentions in 3 episodes 2 per episode

Appearances (1)

EpisodeDateSpeaking time
Scaling a B2B Leader from $0 to $1B+ ARR: Insights from UiPath's CEO and Founder Daniel Di Jun 14, 2023 29m
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