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Why Bill.com didn’t pursue a direct listing

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.

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.

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