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June 23, 2016

Twilio prices its IPO at $15 per share, above its previous target

LONDON, ENGLAND - DECEMBER 08: Co-Founder & CEO at Twilio Inc. Jeff Lawson during TechCrunch Disrupt London 2015 - Day 2 at Copper Box Arena on December 8, 2015 in London, England. (Photo by John Phillips/Getty Images for TechCrunch) *** Local Caption *** Jeff Lawson Twilio today said it would price its initial public offering at $15 per share, which would value the company at around $1.23 billion. That would value Twilio above its previous $1 billion valuation from its last financing round. With the pricing, the company expects to raise around $150 million, with an option for another 1.5 million shares to be purchased. It’s also a higher price than… Read More

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