Emmanuel Chalit
๐ค SpeakerAppearances Over Time
Podcast Appearances
That's why debt was very attractive.
There's no notion of minimum check size.
There's very little, if any dilution, and there is no forcing mechanism on the valuation that ends up being artificial and turning against you.
Now,
You need to have the unit economics to attract that debt.
But today we're fortunate that we do.
Well, given the cost of going to Mars, my target is closer to 2 billion.
That's 500 million.
So I need a bit more time.
But look, we right now.
we see our business accelerating more than we anticipated.
We see macro trends around what happened with GDPR, what's happened with Facebook and Cambridge Analytica, furthering that acceleration.
We have no interest in selling.
Of course, if somebody knocks on our door with an offer, we will look at it very seriously, especially if it's an offer that can help us accelerate our growth.
But we are very, very focused on the acceleration of our business right now because we are carried by macro trends that are extremely favorable.
Well, LastPass was sold to a company called LogMeIn two years ago now.
I'm not necessarily sure because I don't think our strategies are as aligned.
LogMeIn is fundamentally focused on the B2B market, which is not a bad thing in and of itself, but
We approach digital identity with a different length, which is it's not B2B, it's not B2C, it's B2H, business to human.
We are focused on the end user, whether he's at home and at work.