Twilio Co-Founder Jeff Lawson Acquires The Onion
The satirical news outlet The Onion has been sold to Global Tetrahedron, a company controlled by former Twilio CEO Jeff Lawson, marking a new chapter for the iconic brand.
- Jeff Lawson, former CEO of Twilio, has purchased The Onion through his company, Global Tetrahedron, which humorously shares a name with a fictional entity from a past Onion publication.
- The acquisition promises to maintain The Onion's staff and Chicago base, aiming to preserve its satirical legacy and improve working conditions.
- Global Tetrahedron's leadership, including Lawson and former NBC News reporter Ben Collins, plans to reintroduce The Onion News Network and enhance staff compensation.
- The Onion, known for its unique brand of satire, has changed ownership multiple times, most recently being part of G/O Media which sold it following a strategic portfolio review.
- Lawson's purchase was motivated by his appreciation for The Onion's cultural impact and his desire to address internet annoyances like paywalls and clickbait ads.