3 ms·

Huh? That's not how it works.

• toomuchtodo 11y ago
  True; it'd be interesting to see Twilio's cap table.
  • joshu 11y ago
    It's true in general. Shares don't get smaller. Just the percentages of total ownership. Which doesn't matter if the share price is going up. (I am an early investor in Twilio)