UiPath Founder Dines: Work Processes, Not Models, Will Be AI's Most Valuable Asset

20VC · rss · 2026-09-21

20VC interview with UiPath co-founder Daniel Dines. UiPath peaked at a $44BN market cap in 2021, now generates $1.72BN in revenue growing 15% YoY, and raised $2BN before IPO from Sequoia, Accel, CapitalG, Coatue and Kleiner Perkins.

Topics: why Dario is wrong about millions of AI Einsteins; whether AI safety is becoming an excuse to kill open source; whether UiPath really needs 4,000 employees; would you help train the AI that replaces you; what percent of salary spend goes to inference; can you vibe code your way out of paying for software; could an OpenAI–Anthropic duopoly break Nvidia; will models or apps capture AI value; is Fireworks undervalued at $15B; and has Europe already lost—should founders leave for the US.

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