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Comment by original_idea

2 years ago

Yeah, its not surprising what a bunch of layoffs will do. The Authy people have been gone for a while.

Not financial advice:

Also having an investor base that demands removing as much equity compensation as possible. (Whilst, IMO, not being aggressive enough to cut executive compensation)

But it's no surprise that when you ask management/executives "who needs to be laid off", the answer is not that many managers/executives...

I do think Kho is the right person for the job though, and Aidan was surprisingly smart too, so I my[1] bet is that they'll get there.

[1]: I'm long twilio btw.

The company has had terrible profitability metrics and needed to cut a ton of fat. Maybe they laid off the wrong people though.