Laz Vekiarides

Tech exec, entrepreneur, advisor, investor. Have a thing for octopus. Infra PM @Google. x-AWSCloud, ClearSky, Dell, EqualLogic. Tweets mine, but happy to share

[Laz Vekiarides @lazvek]

@mattwbaker Haven’t seen you in a couple of years, but strangely, this is exactly what I see when I close my eyes and think “Matt Baker”.

[Laz Vekiarides @lazvek]

@DeepStorageNet Well, did they round up and charge you for the whole GB?

[Laz Vekiarides @lazvek]

250 foot drop and they survived. Say what you want about @Tesla -> Man suspected of intentionally driving car off cliff with adult, 2 kids inside https://t.co/kmJCv7rhRL

[Laz Vekiarides @lazvek]

@united brings back the lie flat seats between BOS-SFO. Yay!!

[Laz Vekiarides @lazvek]

@jessemermell I hope they’re afraid of birds 😀

[Laz Vekiarides @lazvek]

Totally stoked to be a part of this team! -> @PerformLine announces that technology industry veteran Laz Vekiarides has joined the company's board of directors. #tech #compliance #SaaS https://t.co/xhXkUSsF9c

[Laz Vekiarides @lazvek]

@poller @verge This is a time tested classic. It fails over and over again. It's performative nonsense. This is a sign that a manager wont spend time with their people. Bet most of the emails never get read.

[Laz Vekiarides @lazvek]

Wherein he ticks off yet another item on my list of "Habits of bad managers" -> Elon Musk wants every Twitter employee sending weekly updates about their work via email now. https://t.co/jbTBI1s4WI via @Verge

[Brent Toderian @BrentToderian]

If Twitter is about to end, remember this.

[Laz Vekiarides @lazvek]

@BriannaWu … and just to be certain, I’m no fan of Musk. The bankers who loaned the money are the only adults in the room. They will get the last say. Hopefully that will include a few sentences about which adult should run the new company.

[Laz Vekiarides @lazvek]

@BriannaWu This isn’t how it plays out with debt laden deals. Twitter will need to reorganize under bankruptcy protection. Debt holders will get most of the equity. Current equity holders will get washed out or will be forced to put cash in the new entity. Et voila - a startup!

[Laz Vekiarides @lazvek]

@ppgosavi I can't wait for the movie to come out...

[Laz Vekiarides @lazvek]

Hahahaha.

After a couple of decades in venture funded startups, it astonishes me how some things stay the same. My advice: Go home early. Hug your kids. Pour yourself a drink. Take the dog for a walk. Do NOT click anything. There is no upside to being "extremely hardcore".

[Donie O'Sullivan @donie]

Here’s the text of the email Musk sent to Twitter staff overnight.

Those who don’t commit to being “extremely hardcore” by 5pm ET today must leave the company. ‼️

Story: https://t.co/expt0d63dH

[Laz Vekiarides @lazvek]

@sarbjeetjohal @friedberg @CNBCTechCheck @rwang0 But bad leadership during vulnerable moments will allow that cost to be zero. For example, who did the spreadsheet for the ROI on the $60B metaverse investment? Maybe someone just moved the decimal point?

[Laz Vekiarides @lazvek]

@sarbjeetjohal @friedberg @CNBCTechCheck @rwang0 True, but the cost of capital doesn't always reflect the FFR. In most large companies I've done products for, the cost of capital is set artificially high for lots of good reasons. Most of all to prevent dumb ideas from looking good on an ROI/DCF spreadsheet. 1/

[Laz Vekiarides @lazvek]

@ppgosavi Is that the smell of billions of IRR $$$ burning?

[Laz Vekiarides @lazvek]

@QuinnyPig Well... is it less, or more than Kanye lost in the same period?

[Laz Vekiarides @lazvek]

For some reason, #whisky is trending this evening. More than a coincidence i think… 🥃

[Laz Vekiarides @lazvek]

Are they looking for a series E? Maybe they’re acquiring a smaller religion?

[Vatican News @VaticanNews]

Pope Francis meets with a delegation from Bain Capital, a US-based private investment firm based in Boston.

@BainCapital