Twilio CFO Tells TheStreet: 'We Are in Very Rare Company'
thestreet.com
Twilio's stock has more than tripled in the past year, and CFO Khozema Shipchandler says the cloud software vendor is continuing to invest for growth.
"We had a pretty good run here over the course of 2018," Shipchandler added. "Q1 of 2019 validates that we are in early stages of a long game; we are investing for growth and seeing really good outcomes."
"The way we look at it is, we will continue reinvesting for growth," he replied. "We are at really the early innings of a really large TAM [total addressable market], with a multi-year opportunity to invest."
The goal, he said, of those investments is "to continue to retain the size of the results we've been able to retain historically."
At the same time, Shipchandler said the company is "very focused" on how to speed up its "go to market" approach, and that it is "putting a heck of a lot of investment in more traditional G&A, and making pretty substantial investments in things like systems" to handle the volume of business. He noted, for example, merging the back-office technology used for Twilio with that of SendGrid, for a common infrastructure. |
