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VC Confessions: We Passed On Twilio’s Seed Round

InfoChachkie

Twilio has now raised around $235 million, including a July 2015 round totaling $130 million. Thus, he naturally viewed Twilio's toolsets as rudimentary and easy to copy - easy for him and his world-class team of VoIP engineers, but not so easy for the average developer. Yet most VC's bury their failures under six feet of denial.