Bessemer Venture Partners - Twilio Memo
- Report
- Nov 6, 2009
- #StartupInvesting #Business
In 2009, a former snowboarding merchant and two coders promised David Cowan and Ethan Kurzweil to disrupt the whole telecom industry with a simple five function software library for...
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In 2009, a former snowboarding merchant and two coders promised David Cowan and Ethan Kurzweil to disrupt the whole telecom industry with a simple five function software library for web developers, and somehow Jeff Lawson prevailed upon them to make a seed investment in Twilio. Twilio’s focus on developers paid off, enabling applications like Airbnb, Venmo, DoorDash, Lyft and Spotify, and, by 2020, generating a $35 billion market cap.