Bill.com went public today after pricing its shares higher than it initially expected.
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.
On the heels of its successful pricing run and raucous first day’s trading, TechCrunch 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.
TechCrunch: How did your IPO pricing feel, and what did you learn from the process? | To read full story, visit https://startuparound.com/read/1576191608.2553234/Why-Bill.com-didn’t-pursue-a-direct-listing-–-TechCrunch?ref=audio_experience