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First Round LP Letter Q4 2015
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27 Source: Twitter reporting, Jackdaw Twitter Q4 2015 Earnings Deck

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27 Source: Twitter reporting, Jackdaw Research analysis
REVENUE PER MAU, $
BY GEOGRAPHY
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
8.00
Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015
Revenue per MAU: US Revenue per MAU: Intl

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27 Source: Twitter reporting, Jackdaw Research analysis REVENUE PER MAU, $ BY GEOGRAPHY 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Revenue per MAU: US Revenue per MAU: Intl

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