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Search resuls for: "Daniel Dines"


2 mentions found


☆ Robo-lawyer startup DoNotPay did something almost unheard of in Silicon Valley: It paid a dividend.
  + stars: | 2024-04-01 | by ( Melia Russell | ) www.businessinsider.com   time to read: +6 min
In January, the legal startup DoNotPay sent more than $1 million to employees and investors in its first-ever dividend. He got the idea from one of his own angels, Sahil Lavingia, whose startup Gumroad issued a dividend last year. The expectation is that when a company sells or goes public, employees will cash in their shares for untold riches. Last year, the digital commerce startup Gumroad paid a dividend of $1 million across employees, investors, and thousands of crowdfunding backers. Cash rewardsBrowder said he wanted to offer a dividend to reward those employees and investors who bet on the startup early.
Persons: Joshua Browder, Browder, DoNotPay, it's, Sahil Lavingia, Josh Seidenfeld, Cooley, Steve Huffman, Spencer Platt, Seidenfeld, Lavingia, Andreessen Horowitz, Greylock, Dylan Field, Scott Belsky, Daniel Dines, Balaji Srinivasan, Cash, there's Organizations: Business, Big Law, Employees, Founders Fund, Adobe Locations: San Francisco
☆ UiPath stock spikes more than 20% after earnings beat, generative AI integration
  + stars: | 2023-12-01 | by ( Jake Piazza | In | ) www.cnbc.com   time to read: +2 min
Co-founder and CEO of UiPath Daniel Dines speaks on stage at TechCrunch Disrupt Berlin 2019 at Arena Berlin in Berlin on Dec. 12, 2019. UiPath stock popped more than 20% on Friday, one day after the company released quarterly earnings that beat Wall Street's top- and bottom-line expectations. UiPath also raised its fourth-quarter and full-year fiscal 2024 outlook for annual recurring revenue. For companies like UiPath that are reliant on subscriptions, annual recurring revenue is an important metric that reveals how much money a company receives on a recurring basis. "The weaving of Generative AI into its broadened automation platform, is driving strong adoption amongst enterprises," the analysts wrote.
Persons: UiPath Daniel Dines, UiPath, Davidson, — CNBC's Michael Bloom Organizations: TechCrunch, Berlin, Bank of America, CNBC PRO Locations: Berlin
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