Bill.com’s IPO Pricing Is Good News for Unprofitable Startups

“Business-to-business payments company Bill.com priced its IPO today at an above-range $22 per share . The firm, selling 9.82 million shares in its offering, will raise around $216 million at a roughly $1.6 billion valuation. The company’s IPO pricing comes during a modestly uncertain time for unprofitable companies looking to go public. Following the WeWork IPO mess, concerns arose that growth-oriented companies might struggle to drum up investor interest when going public.”

Bill.com’s IPO Pricing Is Good News for Unprofitable Startups
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