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Monday, May 30, 2016

Communications Startup Twilio Files for IPO

Despite a cool market for initial public offerings, San Francisco communications company #Twilio Inc. is taking the plunge.

The company on Thursday disclosed that it had filed for an initial public offering. It is the first private company valued by venture capitalists at $1 billion to file for an IPO since the data-storage hardware vendor #Nutanix Inc. filed in December.

http://www.wsj.com/articles/communications-startup-twilio-files-for-ipo-1464286535

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