Twilio Inc

Sachem Head’s Andy Stafman joins Twilio’s board. Here’s how he may help grow margins

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Jakub Porzycki | Nurphoto | Getty Images Company: Twilio (TWLO) Business: Twilio is a software and communications solutions company. It operates a cloud communications platform that enables developers to build, scale and handle customer engagement within software applications. Stock Market Value: $10.94B ($60.08 per share) Activist: Sachem Head Capital Management Percentage Ownership: 1.81% Average Cost: n/a … Read more

Twilio board shakeup prompts renewed activist scrutiny

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For almost a year, Twilio has been under pressure from activist investors, who have urged the software vendor to shake up its board and even seek a potential sale of the company. Twilio founder and longtime CEO Jeff Lawson resigned in January. Anson Funds, the activist group that’s been vocally pushing for change at the … Read more

Cloud software makers see sliding revenue retention as clients ease up

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The New York Stock Exchange welcomes Snowflake to usher in the first day of winter on Dec. 21, 2021. To honor the occasion, Snowflake the Bear, joined by Chris Taylor, vice president of NYSE Listings and Services, rings the opening bell. NYSE In 2020, as data analytics software vendor Snowflake was hitting the public market, … Read more

Twilio begins Segment operational review after activist attention

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Jeff Lawson, (C) Founder, CEO, & Chairman of Communications software provider Twilio Inc., rings the opening bell to celebrate his company’s IPO at the New York Stock Exchange in New York City, June 23, 2016. Brendan McDermid | Reuters Twilio announced alongside its fiscal fourth quarter earnings on Wednesday it would begin an operational review … Read more

Activists eyeing tech stocks ahead of expected M&A rebound after lull

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Paul Singer speaking at the Delivering Alpha conference in New York on Sept. 13, 2016. David A. Grogan | CNBC Activist investors are circling the tech market. That’s because, after a two-year plunge in mergers and acquisitions across the industry, there are signs of life to start 2024, with expectations that many more deals are … Read more

Twilio CEO Lawson steps down after bruising activist battles

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Jeff Lawson, founder, CEO and chairman of Twilio, speaks at a press conference during the Mobile World Congress on March 1, 2017 in Barcelona, Spain Joan Cros Garcia/Corbis | Corbis News | Getty Images Twilio co-founder Jeff Lawson on Monday said he is stepping down as CEO of the enterprise communications software company. The move … Read more