• Contact Us
  • Login
Upgrade
Tech News Hero
Advertisement
  • Home
  • News
  • Gadgets
  • Social
  • Gaming
  • Mobile
  • PC
  • Internet
  • Security
  • Apps
No Result
View All Result
  • Home
  • News
  • Gadgets
  • Social
  • Gaming
  • Mobile
  • PC
  • Internet
  • Security
  • Apps
No Result
View All Result
Tech News Hero
No Result
View All Result
Home News

Why Bill.com didn’t pursue a direct listing – TechNewHero

by technewshero
December 12, 2019
in News
0
Share on FacebookShare on Twitter

Bill.com went public today after pricing its shares higher than it initially expected. The B2B payments company sold nearly 10 million shares at $22 apiece, raising around $216 million in its IPO. Public investors felt that the company’s price was a deal, sending the value of its equity to $35.51 per share as of the time of writing.

That’s a gain of over 61%.

On the heels of its successful pricing run and raucous first day’s trading, TechNewHero caught up with Bill.com CEO René Lacerte to dig into his company’s debut. We wanted to know how pricing went, and whether the company (which possibly could have valued itself more richly during its IPO pricing, given its first-day pop) had considered a direct listing.

Lacerte detailed what resonated with investors while pricing Bill.com’s shares, and also did a good job outlining his perspective on what matters for companies that are going public. As a spoiler, he wasn’t super focused on the company’s first-day return.

For more on the Bill.com IPO’s nuts and bolts, head here. Let’s get into the interview.

René Lacerte

The following interview has been edited for length and clarity. Questions have been condensed.

TechNewHero: How did your IPO pricing feel, and what did you learn from the process?

Lacerte: I think the whole experience has been an incredible learning experience from a capitalism perspective; that’s probably a broader conversation. But you know, it really came down to how our story resonated with investors, and so there’s three components that we kind of really talked to folks about.

Source link

Previous Post

Twitter Adds Support for iPhone’s Live Photos, Will Now Preserve Image Quality for Uploads on Web

Next Post

The Logitech 4K Pro Magnetic Webcam Records in Ultra HD

technewshero

technewshero

Related Posts

Fluence, the energy storage systems developer, is now worth over $1 billion after QIA investment – TechCrunch
News

Fluence, the energy storage systems developer, is now worth over $1 billion after QIA investment – TechCrunch

by technewshero
January 13, 2021
Elon Musk says SpaceX will attempt to recover Super Heavy rocket by catching it with launch tower – TechCrunch
News

Elon Musk says SpaceX will attempt to recover Super Heavy rocket by catching it with launch tower – TechCrunch

by technewshero
January 14, 2021
2020 will change the way we look at robotics – TechCrunch
News

2020 will change the way we look at robotics – TechCrunch

by technewshero
January 15, 2021
Trump vetoes major defense bill, citing Section 230 – TechNewHero
News

Trump vetoes major defense bill, citing Section 230 – TechNewHero

by technewshero
December 24, 2020
Bandit ML helps e-commerce businesses present the most effective offer to each shopper – TechNewHero
News

Bandit ML helps e-commerce businesses present the most effective offer to each shopper – TechNewHero

by technewshero
December 23, 2020
Next Post

The Logitech 4K Pro Magnetic Webcam Records in Ultra HD

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Most Popular

Microsoft to deliver Azure Sphere, a Linux-based chip and cloud security service, in February 2020

October 28, 2019

Tesla shares jump on profitable quarter, Model Y production – TechNewHero

January 29, 2020
WWDC goes online, Android 11 delays, Facebook SDK turns into app kill switch – TechNewHero

WWDC goes online, Android 11 delays, Facebook SDK turns into app kill switch – TechNewHero

December 15, 2020

Browse by Category

  • Apps
  • Gadgets
  • Gaming
  • Internet
  • Mobile
  • News
  • PC & Laptops
  • Security
  • Social
Tech News Hero

© 2020 Tech News Hero.

No Result
View All Result
  • Home
  • Landing Page
  • Buy JNews
  • Support Forum
  • Contact Us

© 2020 Tech News Hero.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?