Twilio
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McClure steps back at 500 Startups after internal sexual misconduct investigation
Dave McClure, the founder and public face of 500 Startups — one of the most prolific and best-known accelerator programs for early stage companies — has stepped away from managing the firm he set up and largely built in his own image. McClure is the latest venture capitalist to be ensnared in the industry’s investigations into alleged sexual misconduct by investors with… Read More
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Twilio Functions lets developers build communications apps without having to worry about servers
Twilio is getting into the serverless game today with the beta launch of Twilio Functions. Like other so-called “serverless” platforms, Functions abstracts away all of the tiresome server and infrastructure management and scaling and allows developers to focus on building their event-driven applications. Read More
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Crunch Network
IPOs, leaving money on the table and get off my lawn
IPO pops, who makes off with the money and leaving money on some damn table. Read More
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Crunch Report | Facebook Hires 3,000 People After Getting Disturbed
Facebook hires 3,000 people to combat the disturbing videos and live videos that have been popping up on the site, Hulu launches its live TV service, yesterday was not too good of a day for tech stocks and GM launches GM Maven to help on-demand drivers rent cars for $229 a week. All this on Crunch Report. Read More
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Twilio stock plummets as major client Uber distances itself
A good report on revenue wasn’t enough to keep Twilio stock from taking a dive in after-hours trading. What at first glance appeared to be a positive story very quickly divulged into a financial nightmare. Shares in the cloud communications company have fallen 27 percent in after-hours trading. Read More
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Crunch Network
An inside look at Bessemer Venture Partners’ investment process for Twilio
Mark Twain once said that history doesn’t repeat itself, but it does rhyme. If Twilio provides any indication of what’s to come, we believe now more than ever in the future of the business-to-developer (B2D) space. As we reflect on 2016, Twilio’s IPO is a real highlight. Read More
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Twilio now lets developers send and receive faxes
No, this is not an April Fools’ joke: Cloud communications platform Twilio today announced the launch of its “programmable fax” service. While Twilio’s general focus has been on reinventing the phone company (with a focus on developers), fax is a decidedly old-school technology. But it’s an old technology that is still an important tool for many businesses and… Read More
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500 Startups reboots its efforts in China, but there’s no dedicated fund
500 Startups is rebooting its efforts in Greater China after it hired a new head of business for the region, which covers mainland China, Hong Kong and Taiwan. Edith Yeung, a former executive with browser firm Dolphin Mobile, is taking up the reins. The VC firm had been without a recognized setup in China for some time after former lead Rui Ma relocated to the 500’s U.S. operations… Read More
Latest Crunch Report
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Twilio’s Jeff Lawson wins the Crunchie for Founder of the Year
The Silicon Valley startup scene gathered in San Francisco tonight to celebrate the 10th Annual Crunchies Awards — and if there’s one kind of person the startup scene lionizes, it’s founders. Tonight, Twilio co-founder and CEO Jeff Lawson walked away with the title of Founder of the Year. Walker & Company‘s Tristan Walker was the runner-up. Lawson co-founded… Read More
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Crunch Network
The AWS juggernaut
After last year’s AWS re:Invent conference, we posed the question, “Is Amazon the Most Important Enterprise Company?” Having just returned from re:Invent 2016, we can say the answer is a resounding “Yes”. In terms of both enterprise adoption and the pace of innovation, AWS is a juggernaut. This year again the company highlighted several organizations… Read More
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Twilio acquires Kurento and launches Voice Insights for monitoring WebRTC performance
Twilio, which is currently hosting the European version of its Signal conference in London, today announced its first acquisition after its successful IPO in June. This one is a bit complicated, but bear with me. Twilio is acquiring the proprietary WebRTC media processing technologies developed by the same team that also originally built the Kurento open source WebRTC media server. Twilio… Read More
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Twilio’s Jeff Lawson says bots are overrated
In a wide-ranging interview with TechCrunch reporter Frederic Lardinois today at TechCrunch Disrupt San Francisco, Twilio co-founder and CEO Jeff Lawson talked about the trials of going public, why paying attention to the stock price is unproductive, and how bots are overrated. It’s certainly interesting that the leader of one of the premiere communications companies today thinks bots… Read More
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Twilio study: most consumers now want to use messaging to interact with businesses
Twilio, the developer-centric communications platform that successfully IPOed earlier this year, published a new study today about how consumers want to use tech to talk to businesses and brands. The study, which the market research firm Vanson Bourne performed for Twilio by surveying 6,000 consumers in Europe, Asia and North America, shows that nine out of ten consumers would like to be able… Read More
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Waiter will wait on hold for you and call you back when a representative answers
Everyone knows waiting on hold for a representative sucks, and only a few companies have systems that will call you back when a representative is ready. The result is hours wasted and very often you’ll forget you’re on hold and the representative will hang up, or your call will just drop altogether – both of which lose your place in line. So today at the Disrupt SF… Read More
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Crunch Network
UPDATE: Twilio’s IPO and the rise of the next 100M developers
Twilio recently exceeded expectations with an IPO that priced them at over $1 billion. For some, this proves that developers are the future of business. While they are certainly an indispensable asset, as more and more businesses turn to the cloud, what about the rest of us? What about the admins and the marketers and those who are equally important to a business but don’t code? Read More
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Twilio CEO Jeff Lawson will join us at Disrupt SF
Twilio’s co-founder and CEO Jeff Lawson will join us at Disrupt SF in September. We last talked to Lawson at Disrupt London last year, but since then, his company, which helps developers build audio, video and text messaging into their apps, has successfully gone public. Read More
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Twilio beats expectations with revenue of $64.5M in solid Q2 earnings
Twilio, exceeded revenue expectations in Q2 earnings released today after the bell. Immediately share prices increased in after-hours trading before falling back to the market closing price. The cloud-communications company reported revenue of $64.5 million and a loss per share of $0.08. Twilio beat revenue by over 10 percent. Analysts had expected a loss of $0.14 per share on revenue… Read More
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Twilio now helps AWS send texts
Twilio today announced a new collaboration with Amazon’s AWS platform. The company says it is “helping AWS provide the delivery of SMS messages through the Amazon Simple Notification Service (SNS)” and notes that SNS users will now benefit from Twilio’s experience in sending bulk messages. What exactly does that mean? We weren’t sure either, so we asked the company. Read More
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What’s next for Twilio and its unicorn brethren?
Brexit. Trump. The Federal Reserve. The world threw nearly everything at Twilio for its untimely IPO. Despite market volatility, the company continues to impress. The week the world met Twilio can only be defined as positive. Unfortunately, the greatest challenges for the company lie ahead. Short Term Herd behavior fuels IPOs. Casual investors often jump in immediately because of the… Read More
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