Live data from Hacker News

Jeff Lawson steps down as CEO of Twilio

cnbc.com

61–70 of 292 posts

Re: Jeff Lawson steps down as CEO of Twilio

#61
post #18

Was this planned? What is behind this move?

No. 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 profit…

> 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.

There is optimizing profit margins, and there is not losing hundreds of millions of dollars per year, year after year.

https://www.macrotrends.net/stocks/charts/TWLO/twilio/net-in...

Re: Jeff Lawson steps down as CEO of Twilio

#62

When I joined the Twilio Developer Evangelism team in 2014, we spent a lot of our onboarding practicing the "five minute demo" where we live-code a Twilio app from scratch. I thought this was dumb, mostly because live-coding is so damn hard. Six weeks into the job I watched Jeff live-code a Twilio app in front of 10,000 people at IBM Connect. It was as if he was saying to all of us, "Yeah, live-coding is hard. And if…

Are there any uploads of Jeff live coding?

Here's the time he built "Hawk or Not" with Tony Hawk: https://www.youtube.com/watch?v=fxHYyD3upNc&t=6120s

Re: Jeff Lawson steps down as CEO of Twilio

#63

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…

When we started Iron.io in 2010, there were basically 3 companies at every developer event driving the API-first message: Heroku, Sendgrid, and Twilio. Back then, most thought Heroku (as the Platform) was going to be the one ending up in the public markets. Then they got taken out and Twilio bought Sendgrid. Congrats to Twilio and team for the years of success!

I used iron.io for years. Sad story there I think but I don’t know the details. Seemed like Great service for years then it kind of fell off, the service still worked thankfully. But no new features, and support would take days.

Re: Jeff Lawson steps down as CEO of Twilio

#64
post #26

The new CEO: > Shipchandler has over 25 years of experience growing businesses and driving financial performance across global, public organizations. Prior to Twilio, Khozema spent over two decades at GE where he drove operating excellence in GE’s high tech aviation division, plus accelerated growth in the Middle East region. I wouldn't be too enthused about him running a software-focused company. His experience yell…

> His experience yells "generic businessman brought in by investors to squeeze more profit".

In Twilio’s case, it is “squeeze some profit”. Having revenue be greater than expenses seems like a reasonable goal for a business’s leaders.

https://www.macrotrends.net/stocks/charts/TWLO/twilio/net-in...

Re: Jeff Lawson steps down as CEO of Twilio

#66
post #44

I used twilio for years until in August of 2023 they started blocking all my text messages, then they wanted you to describe what you're using it for and you had to pay money to fill out a form to tell them what you're using the text messages for.... then they would deny that and then you basically can't use twilio, or pay them to fill out the form again so they can deny you again.... This is for outbound SMS (paymen…

This is likely because of industry regulations around A2P (application-to-person ) messaging that had a due date of August 31, 2023.

It's not just Twilio, you would have experienced this with nearly every SMS API provider. Across the different vendors I work with, I received numerous emails from each one advising me to come into compliance or risk my messages being rejected.

https://help.salesmessage.com/en/articles/6650461-changes-to...

https://www.telgorithm.com/news/10dlc-registration-required/

https://support.referrizer.com/support/solutions/articles/10...

Re: Jeff Lawson steps down as CEO of Twilio

#67

https://archive.is/8Ffn4 Keep in mind his voting structure changed in May meaning he lost some shareholder power. > Its use of supervoting shares, which gives CEO and co-founder Jeff Lawson a voting stake of 21.8% even though he owns only 3.7% of the stock, [1] No derogatory remarks intended to Jeff, Jeff certainly has had great moments, but Kho is also a fantastic leader and capital allocator, who's made some truly…

Any exec who actually tries to sell the stock high, and buy it low is a winner in my book.

Most just follow the crowd and do shareholder dilutive buybacks at nosebleed valuations.

If you can buy a long duration US treasury yielding more than twice what your shares yield, maybe stop to think before doing any buybacks.

Though I've written it up to mostly short term-ism towards increasing their own compensation through pressuring share price in the immediate term. The alternative is that all these CFOs and others are financially illiterate or incompetent

Re: Jeff Lawson steps down as CEO of Twilio

#68

When I joined the Twilio Developer Evangelism team in 2014, we spent a lot of our onboarding practicing the "five minute demo" where we live-code a Twilio app from scratch. I thought this was dumb, mostly because live-coding is so damn hard. Six weeks into the job I watched Jeff live-code a Twilio app in front of 10,000 people at IBM Connect. It was as if he was saying to all of us, "Yeah, live-coding is hard. And if…

Are there any uploads of Jeff live coding?

This is John Britton, not Jeff Lawson, but an example of the live coding. Epic demo: https://www.youtube.com/watch?v=-VuXIgp9S7o

Re: Jeff Lawson steps down as CEO of Twilio

#69
post #38

I worked at Twilio for nearly 10 years and it's hard to overstate what a gift it was to work there and see Jeff operate as CEO up-close. He created an environment where (at our best) we could have fun doing work that had a real impact, and we could it with people we enjoyed doing the work with. He pushed us to be creative to authentically empower and inspire developers. Wanna build a video game that teaches developer…

It's also why George Hu left Twilio.

Because Jeff wanted to be a celebrity CEO, and it was to the detriment of the company.

All of Twilio's growth (as a public company) happened on George's watch.

I don't think it's a coincidence that well after George left, on Jeff's watch - they had to do 3 different layoff for a total of ~24% of their entire public company being let go.

Note: former senior level Twilio employee, posted anonymous for obvious reasons.

Re: Jeff Lawson steps down as CEO of Twilio

#70

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…

> and knew they were something special Can you share more insights on how you knew they were special?

I was an intern at GigaOM in 2009 (a popular tech blog that ran conferences), and my first memory of Twilio was going to the sales people and trying to convince them to give Twilio a discounted booth because I thought the product was so great. I remember the salesperson laughing and saying "this booth costs more money than they have in their bank account", but there was some extra inventory and we got them the booth.

The early people all just had this vibe of technical-but-not-complicated. It's common now, but at the time it was such a breath of fresh air. They were one of the first companies to pitch "easy of use" (compared to "look at how amazingly complex we are!"). I know this is super obvious now, but back then I had never felt anything like that.

All the people I met (I specifically remember Danielle) were friendly and excited... not in a sales-y way, but in a "I just love what we're doing and want you to, too" way. And again, I know this doesn't feel unique now, but that's because Twilio helped shape how we think about all of this.

I loved their attitude, such as this talk from John Sheehan (https://www.heavybit.com/library/video/runscope-ceo-and-twil...) about how they look at customers. I remember him saying they would fly to any little city that would have them and buy pizza and just hang out. They caught on early that there were so many tech people out there around the country who would become lifelong supporters because of little gestures like this.

Overall, a lot of what I can say about Twilio is super obvious now. But it's kinda like how people watch Friends for the first time in 2023 and say "meh it's a pretty generic sitcom". It's because they created the whole genre and shifted how everything thinks.

Post reply on HN