Twilio is in a weird spot. They are so cheap that it's very easy to build a successful company on top of their APIs, and choosing their APIs is a no brainer. T

Twilio is in a weird spot. They are so cheap that it's very easy to build a successful company on top of their APIs, and choosing their APIs is a no brainer. They probably need to go vertical and capture some of the value their users are generating to have the kind of revenue investors want.