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Emmanuel Chalit

๐Ÿ‘ค Speaker
156 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

That's why debt was very attractive.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

There's no notion of minimum check size.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

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.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

Now,

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

You need to have the unit economics to attract that debt.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

But today we're fortunate that we do.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

Well, given the cost of going to Mars, my target is closer to 2 billion.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

That's 500 million.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

So I need a bit more time.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

But look, we right now.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

we see our business accelerating more than we anticipated.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

We see macro trends around what happened with GDPR, what's happened with Facebook and Cambridge Analytica, furthering that acceleration.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

We have no interest in selling.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

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.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

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.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

Well, LastPass was sold to a company called LogMeIn two years ago now.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

I'm not necessarily sure because I don't think our strategies are as aligned.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

LogMeIn is fundamentally focused on the B2B market, which is not a bad thing in and of itself, but

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

We approach digital identity with a different length, which is it's not B2B, it's not B2C, it's B2H, business to human.

SaaS Interviews with CEOs, Startups, Founders
1227 Would $24m ARR Dashlane Ever Merge with LastPass?

We are focused on the end user, whether he's at home and at work.