My biggest fears of investing in Twilio is outlined in this page: https://www.twilio.com/docs/api/security/anti-fraud https://www.twilio.com/docs/api/security/a

My biggest fears of investing in Twilio is outlined in this page: https://www.twilio.com/docs/api/security/anti-fraud https://www.twilio.com/docs/api/security/anti-fraud It's good that they have this page at all, but fraud must be a significant percentage of their business.