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Comment by 7ewis | Hacker News Reader

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...

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Here’s another source - 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.”

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

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.

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.

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).

Maybe a notification API provider doesn't need to be spending a ton of money on "AI".

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.

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.

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