What is MessageBird? Is it a Twitter thing?
MessageBird raises $60M Series A
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Re: MessageBird raises $60M Series A
#32I see a lot of "Congrats" type sentiments in this thread. Maybe I should just say congrats too, but I can't help but wonder: Isn't it a terrible idea to raise $60M as a series A? That means you'll either need to be bought for ~$100M just to break even, or IPO, which seems very rare nowadays. Could anyone help me understand what the calculus looks like for these decisions? It's a series A too, not even a series B or C…
If you take any amount of VC money the expectation is that you're going for >$1bn exit. Also remember that the Series of the investment doesn't necessarily reflect the stage of the company but rather the number of rounds of investment it's had. In this case MessageBird expect to hit $100m of revenue this year.
They’re probably within spitting distance of a $1B valuation. Probably 5-8x at this point?
The fact that they’re there this quickly is absolutely mind boggling.
Re: MessageBird raises $60M Series A
#33Hi, where (in the world) is your data stored physically? The FAQ only says that > The MessageBird platform is build to be secure from the ground up, through all application layers. We have put in place best practices from several industry standards to help reduce and mitigate risks. MessageBird’s communication platform is hosted at secure data centers that comply with leading security policies and frameworks, includi…
Curious where you need it stored. EU? Or anywhere outside US?
Re: MessageBird raises $60M Series A
#34I see a lot of "Congrats" type sentiments in this thread. Maybe I should just say congrats too, but I can't help but wonder: Isn't it a terrible idea to raise $60M as a series A? That means you'll either need to be bought for ~$100M just to break even, or IPO, which seems very rare nowadays. Could anyone help me understand what the calculus looks like for these decisions? It's a series A too, not even a series B or C…
My guess is that the VCs are betting on this being another Twilio, which did go public. And it seems like the founders are okay with hedging their bet by taking so much money so early.
Perhaps a genuine (and still rare) example of 1999 style startup bubble investing.
Re: MessageBird raises $60M Series A
#35Anyone have experience with their VoIP? Currently using Tokbox but been having some troubles. We integrate it across web, iOS, and Android for a kid's learn-to-code with live teachers product.
Re: MessageBird raises $60M Series A
#36Earlier quoted context omitted.
If you take any amount of VC money the expectation is that you're going for >$1bn exit. Also remember that the Series of the investment doesn't necessarily reflect the stage of the company but rather the number of rounds of investment it's had. In this case MessageBird expect to hit $100m of revenue this year.
They’re probably within spitting distance of a $1B valuation. Probably 5-8x at this point? The fact that they’re there this quickly is absolutely mind boggling.
They're saying they expect to generate $100M revenue this year. I think that places them a bit further off the $1B _exit_ than 8x, although if they raised further funding potentially that could be done at an amount that suggests a $1B value.
I wouldn't want to be competing against AWS Pinpoint, and the problems Twilio have suggests this is a technically difficult space. Seems like quite a big bet from the VCs involved.
Re: MessageBird raises $60M Series A
#37Hi, where (in the world) is your data stored physically? The FAQ only says that > The MessageBird platform is build to be secure from the ground up, through all application layers. We have put in place best practices from several industry standards to help reduce and mitigate risks. MessageBird’s communication platform is hosted at secure data centers that comply with leading security policies and frameworks, includi…
Curious where you need it stored. EU? Or anywhere outside US?
For the case I am referring to strictly inside the EU.
Re: MessageBird raises $60M Series A
#38Hi, where (in the world) is your data stored physically? The FAQ only says that > The MessageBird platform is build to be secure from the ground up, through all application layers. We have put in place best practices from several industry standards to help reduce and mitigate risks. MessageBird’s communication platform is hosted at secure data centers that comply with leading security policies and frameworks, includi…
Curious where you need it stored. EU? Or anywhere outside US?
If someone could guarantee Canadian data residency for SMS & voice, I would be a very happy person.
Re: MessageBird raises $60M Series A
#39Re: MessageBird raises $60M Series A
#40First time I’ve learned about MessageBird— how do they compare to Twilio?