Jeff Lawson steps down as CEO of Twilio

Post by swyx » Mon, Jan 08, 2024, 4:43 PM UTC

throwaway_108 wrote: post #69

shakes wrote: 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, p…

Post by itsoktocry » Mon, Jan 08, 2024, 4:49 PM UTC

gkoberger wrote: post #89

throwaway_108 wrote: post #69

Earlier quoted context omitted.

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, p…

This is a genuine question... isn't that his job? For a public company, the CEO has to be a public CEO. Everyone takes on a different persona (some sell themselves as business geniuses, others as creative geniuses, and others as someone you wanna grab a beer with). Some really like it, and some do it begrudgingly. But at the end of the day, you can't be the same CEO of a public company as you were when you were priva…

Post by danenania » Mon, Jan 08, 2024, 4:50 PM UTC

WarOnPrivacy wrote: post #80

jijji wrote: 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…

> I used twilio for years until in August of 2023 they started blocking all my text messages, New telco industry texting requirements came into play. In short, US biz are required to register with The Campaign Registry and pay regular fees if they want to do any (as in 1+) software text comms. It can be onerous for not-large biz. Twillo took point early-on (inserting themselves into the administration, IIRC) and Twil…

Post by mikeryan » Mon, Jan 08, 2024, 4:51 PM UTC

umeshunni wrote: post #43

maerF0x0 wrote: post #21

Earlier quoted context omitted.

I'm somewhat on top of the stock, here's my not financial advice take: 1. Growth rate slowed such that valuations had to come down (went from inevitable overtaking of Salesforce in size, to decades of growth required) 2. Environment -- Cashflow negative meaning another raise was required without fiscal controls and in a high interest environment that's really tough. A return to office end of covid anxiety meant the C…

https://contracts.justia.com/companies/twilio-inc-3579/contr... Looks like Eyal's compensation was more like 9-10M?

Post by itsoktocry » Mon, Jan 08, 2024, 4:53 PM UTC

maerF0x0 wrote: post #21

pylua wrote: post #8

Earlier quoted context omitted.

The stock price has been lackluster unfortunately. I’m not sure as to why.

I'm somewhat on top of the stock, here's my not financial advice take: 1. Growth rate slowed such that valuations had to come down (went from inevitable overtaking of Salesforce in size, to decades of growth required) 2. Environment -- Cashflow negative meaning another raise was required without fiscal controls and in a high interest environment that's really tough. A return to office end of covid anxiety meant the C…