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Jeff Lawson

๐Ÿ‘ค Speaker
311 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

cheaper, that doesn't immediately make me think profit driving, David, in that way.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

And so talk about your targets.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

You've got this one billion EBITDA by 2027.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

And Bloomberg Intelligence and Warren, that looks pretty ambitious at this stage.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

Well, so when I say cheaper, I mean the lowest cost way, right?

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

And that's the thing is I want our cost position to be really good.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

To your point, like our goals, which we set out a couple of years ago, our top line growth of 15% mid-teens year on year, we're very much on track for that.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

And bottom line growth getting to a billion dollars of adjusted EBITDA, which would be 4% margin, very much on track for that.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

But what it means is you've got to be really smart about managing your costs.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

You've got to be really good about kind of managing your quality.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

And we're doing really well on both.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

We've just made progress.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

As I say, we've had our best profitable, highest profitable quarter just this past Q4.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

I think, therefore, go back to the AV world because there is this ongoing anxiety that the competition is just going to get so fierce.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

Are you set up to win?

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

What are you saying to convince the investor base they shouldn't be selling off your shares like this?

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

Yeah, I think that the way to think about AVs is they're going to be good for the whole industry, the rideshare industry, because as I say, it's a good new product at a lower cost.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

And I think why we are particularly well positioned is we have demand that runs to the two, three, four million people a day level.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

So we have lots of demand for this.

Bloomberg Tech
Software Selloff Continues as AI-Impact Worries Grow

And you know what they want?