Could Twilio Be a Millionaire-Maker Stock?

Ten years ago, it would have been unheard of to receive a call from your ridesharing driver or get a text that your prescription was ready. But today, mobile communications are commonplace, thanks in part to Twilio (NYSE: TWLO). Its software platform makes it easy and inexpensive for businesses to communicate with customers.

Since its founding in 2008, it's built a billion-dollar revenue business, and shareholders have benefited along the way. Could this stock be a millionaire-maker from here? Let's find out if Twilio can achieve a return of 10 times in 20 years by analyzing the size of its market, identifying whether or not it has a sustainable competitive advantage, and looking to see if it has the ability to remain relevant for the long term.

Determining the size of an addressable market is based on a set of assumptions and estimates. Twilio published its own estimate when it acquired SendGrid in 2018. Let's dive into the details of this number.

Source Fool.com