Sequoia says the next $1T company will be a software company masquerading as a services firm.

See my comment above - on of their VCs has posted some stuff

For those asking what makes them different, this blog post by their European investor Atomico may shed some light? Starts at paragraph 4 http://news.atomico.com/our-investment-in-messagebird-a-euro...

First serious potential challenger to Paypal by the looks of things. Definitely one to watch! Thanks for posting