11–20 of 292 posts
Bloomberg said: "Twilio Inc. Chief Executive Officer Jeff Lawson is stepping down from leading the software company he co-founded amid slowing sales growth and pressure from activist investors." https://www.bloomberg.com/news/articles/2024-01-08/twilio-ce...
Bloomberg said: "Twilio Inc. Chief Executive Officer Jeff Lawson is stepping down from leading the software company he co-founded amid slowing sales growth and pressure from activist investors." https://www.bloomberg.com/news/articles/2024-01-08/twilio-ce...
“The move is not likely to stave off the activists at Anson Funds and Legion Partners. Both are pushing for the company to sell itself or completely divest its data & applications business, CNBC previously reported.”
I don't know much about what happened here, but I did meet the early Twilio team (not Jeff, unfortunately) back in 2009 and knew they were something special. Jeff (and team) deserve a ton of credit for two massive things: First, changing how people think about devtools. I know Stripe gets a lot of credit, but Twilio was 3 years earlier and really defined how we look at building, marketing and monetizing tools meant f…
The stock price has been lackluster unfortunately. I’m not sure as to why.
[0] https://www.fool.com/investing/2020/09/25/microsoft-declares...
I don't know much about what happened here, but I did meet the early Twilio team (not Jeff, unfortunately) back in 2009 and knew they were something special. Jeff (and team) deserve a ton of credit for two massive things: First, changing how people think about devtools. I know Stripe gets a lot of credit, but Twilio was 3 years earlier and really defined how we look at building, marketing and monetizing tools meant f…
The stock price has been lackluster unfortunately. I’m not sure as to why.
Stagnant revenue and declining free cash flow means that the company doesn't have many tools in the toolbox to be valued higher.
Bloomberg said: "Twilio Inc. Chief Executive Officer Jeff Lawson is stepping down from leading the software company he co-founded amid slowing sales growth and pressure from activist investors." https://www.bloomberg.com/news/articles/2024-01-08/twilio-ce...
What a shit sandwich. Not everything needs to be a hockey stick. There's is an angle of the growth line that should not be exceeded because above that level of growth seldom is a good situation for the consumer.
Was this planned? What is behind this move?
Shareholders have been critical of Twilio's performance, and therefore Jeff Lawson over the last year or two though... They're in a difficult place. They don't have the margins of a SAAS company and they've been losing a lot of money.
This was fine in a low interest rate environment where investors are willing to pay up for growth, but when that changed investors wanted them to cut costs and show a path to profitability. As a result Twilio was forced to do large layoffs and refocus the business on products with higher margins.
Perhaps Jeff just didn't want to run the type of business Twilio needs to become in this new environment. He doesn't strike me as the kind of person who gets passionate about running a mature business that needs to focus on optimising profit margins above all else. I he think prefers to get stuck in and build things cool things, and for better or worse that's not where Twilio is anymore.
I don't know much about what happened here, but I did meet the early Twilio team (not Jeff, unfortunately) back in 2009 and knew they were something special. Jeff (and team) deserve a ton of credit for two massive things: First, changing how people think about devtools. I know Stripe gets a lot of credit, but Twilio was 3 years earlier and really defined how we look at building, marketing and monetizing tools meant f…
The stock price has been lackluster unfortunately. I’m not sure as to why.
I don't know much about what happened here, but I did meet the early Twilio team (not Jeff, unfortunately) back in 2009 and knew they were something special. Jeff (and team) deserve a ton of credit for two massive things: First, changing how people think about devtools. I know Stripe gets a lot of credit, but Twilio was 3 years earlier and really defined how we look at building, marketing and monetizing tools meant f…
The stock price has been lackluster unfortunately. I’m not sure as to why.