“Let’s get it done,” Lawson said. “Our thinking is how can we start funding initiatives that get the process for Prop C started? If there’s a challenge before funds can be deployed, why don’t we start now?” “Lawson announced Twilio’s commitment Thursday night at an event where he was honored as one of San Francisco Business Times’ Most Admired CEOs.” https://www.businessinsider.com/ceo-jeff-lawson-says-twilio-…
I’m unsure is this is inappropriate for this board. If so, please delete.
I’m not sure how others feel, but in my mind, I appreciate this post. Knowing that Twilio (plus Square, Twitter, and others) support Proposition C and giving back is important in a few ways:
Reinforces that these companies are focused on making the world a better place (unlike, perhaps, CEO of JD.com or Tobacco companies)
Confirms that Twilio is not afraid to invest $1M in a good cause - and being around for the long-term.
A public held company should get approval from shareholders. If CEO felt that strongly about it he should donate his own money. Still a great company and the cause is worthy, it just violates business rules.