An IPO For API: What You Need To Know About Twilio’s Offering Kyle Stanford, PitchBook
Twilio is expected to price its IPO on Wednesday night and debut on the NYSE on Thursday morning. The company, which has raised $233 million in VC funding, could very well have an impact on the near-future of IPOs (for better or worse), as it’s the first tech unicorn to go public since Square (NYSE: SQ). The hope is a successful offering can instill confidence in other companies to IPO, unlocking their value for investors and LPs. A poor showing could have the opposite effect, and with the chance to IPO this year quickly fading away, 2016 is shaping up to be one of the slowest for VC-backed offerings to date.
What You Need To Know About Twilio’s Offering
In the datagraphic below, we broke down Twilio’s financing and valuation history, as well as key numbers for its IPO:
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