Re:Goodbye, Twilio
by kelnos on Monday June 19, 2023 @03:40AM
(#36388356)
> stock buybacks, or other things that directly enrich investors at the cost of employees
As a former Twilio employee (and current stockholder), I have to disagree with this. Stock buybacks generally raise the stock price (or at least keep it from falling). Up until 2020 or so, Twilio was fairly generous with equity comp (at least for some of us; obviously I can't speak for all employees), so employees do indeed benefit from stock buybacks.
As a former Twilio employee (and current stockholder), I have to disagree with this. Stock buybacks generally raise the stock price (or at least keep it from falling). Up until 2020 or so, Twilio was fairly generous with equity comp (at least for some of us; obviously I can't speak for all employees), so employees do indeed benefit from stock buybacks.