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> The fact this doesn't happen very often is a significant failure of the tech industry.

It's happens considerably more than you could imagine, but most of these businesses don't market the way Twilio does. Many create niche tools you're probably just not running across (Palisades Monte Carlo Simulation for Excel, Minitab stats workbench, the legion of paid Magento/WordPress/Platform X companion tools).

Not unlike how a vast majority of professional programmers don't work for FAANG, but we pretty much only hear about FAANG.



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