The Twilio Inc (NYSE:TWLO) IPO kicked off with a pop Thursday. But this offering might not just be an exciting opportunity down the road — it could be a turning point for the IPO market.
Twilio — a cloud communications company that allows users to make phone calls and send texts over web service APIs — is up big today. The Twilio IPO priced at $15, which was above an initial trading range of $12 to $14 for TWLO stock — then proceeded to surge 70% after hitting the market.
But now that mom-and-pop investors have a shot at buying the Twilio IPO … should they? Read