Twilio ended the tech IPO drought last week, filing it’s S-1 with a plan to raise $100 million through an initial public offering. Here’s a quick snapshot of the company’s finances over the past few years:
Phil Haslett | Founder + Head of Investments | EquityZen
The tech community hopes that a successful listing of Twilio stock will open the door for other late-stage tech companies to go public as well. While 88% annual revenue growth is great, the recent paranoia surrounding startup profitability may scare some investors away from Twilio, which posted $39 million in net loss in 2015.
Key investors in Twilio include Bessemer Venture Partners, Union Square Ventures, and Fidelity.
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