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If You Invested $1,000 in Twilio's IPO, This Is How Much Money You'd Have Now

TheMotleyFool

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If You Invested $1,000 in Twilio's IPO, This Is How Much Money You'd Have Now

Mobile phones have changed the way people communicate in profound ways. Last year, Americans used their mobile devices to send more than 2 trillion text messages and talk for 2.4 trillion minutes. Twilio (NYSE: TWLO) was founded in 2008 to take advantage of the growth in mobile communication and help companies generate voice and text messages through software. It has developed into a $1 billion revenue run-rate business and last quarter grew its top line an impressive 75%.

How could you have profited if you were able to buy shares at the initial public offering (IPO) of this software-as-a-service company?

Image source: Getty Images

Source Fool.com

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