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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

by 7ewis 3y ago

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-ceo-jeff-lawson-steps-down-from-ceo-and-board https://www.bloomberg.com/news/articles/2024-01-08/twilio-ce...

lagniappe 3y ago
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.
- deleted 3y ago
  [deleted]
- gphil 3y ago
  The problem is that Twilio is not profitable. They wouldn't need to show a hockey stick if they were. Investor-subsidized, non-profitable companies have to sell growth to their investors because they have no other fundamental to point to.
  - toomuchtodo 3y ago
    Indeed, either take the investment and the dragons that will come to burn your village or grow slow and own your future (Basecamp/37signals), but make peace with that you’re always going to be small (but it’ll at least be yours).
  - walls 3y ago
    Maybe a notification API provider doesn't need to be spending a ton of money on "AI".
    - dalyons 3y ago
      instead of posting a poorly informed take, you should go and have a look at their list of product offerings. They havent been just a "notification API" for a long time now.
      - ejb999 3y ago
        I think that is exactly the OP's point - they are spreading them selfs so thin in many areas (AI or not), they took their eye off the ball.
- deleted 3y ago
  [deleted]
mdp 3y ago
Here’s another source - https://www.cnbc.com/2024/01/08/twilio-ceo-lawson-steps-down-after-bruising-activist-battles.html https://www.cnbc.com/2024/01/08/twilio-ceo-lawson-steps-down... “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.”
- dang 3y ago
  Thanks! I've changed the URL from https://investors.twilio.com/news/news-details/2024/Twilio-Announces-CEO-Transition/default.aspx https://investors.twilio.com/news/news-details/2024/Twilio-A... to that article, which gives more background (and isn't a corporate press release).

by 7ewis 3y ago

lagniappe 3y ago

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.

deleted 3y ago
[deleted]
gphil 3y ago
The problem is that Twilio is not profitable. They wouldn't need to show a hockey stick if they were. Investor-subsidized, non-profitable companies have to sell growth to their investors because they have no other fundamental to point to.
- toomuchtodo 3y ago
  Indeed, either take the investment and the dragons that will come to burn your village or grow slow and own your future (Basecamp/37signals), but make peace with that you’re always going to be small (but it’ll at least be yours).
- walls 3y ago
  Maybe a notification API provider doesn't need to be spending a ton of money on "AI".
  - dalyons 3y ago
    instead of posting a poorly informed take, you should go and have a look at their list of product offerings. They havent been just a "notification API" for a long time now.
    - ejb999 3y ago
      I think that is exactly the OP's point - they are spreading them selfs so thin in many areas (AI or not), they took their eye off the ball.
deleted 3y ago
[deleted]

mdp 3y ago

Here’s another source - https://www.cnbc.com/2024/01/08/twilio-ceo-lawson-steps-down-after-bruising-activist-battles.html https://www.cnbc.com/2024/01/08/twilio-ceo-lawson-steps-down... “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.”

dang 3y ago
Thanks! I've changed the URL from https://investors.twilio.com/news/news-details/2024/Twilio-Announces-CEO-Transition/default.aspx https://investors.twilio.com/news/news-details/2024/Twilio-A... to that article, which gives more background (and isn't a corporate press release).