Category Archives: bill.com

CrowdStrike’s CEO on how to IPO, direct listings and what’s ahead for SaaS startups

Posted on by

A few days before Christmas, TechCrunch caught up with CrowdStrike CEO George Kurtz to chat about his company’s public offering, direct listings and his expectations for the 2020 IPO market. We also spoke about CrowdStrike’s product niche — endpoint security — and a bit more on why he views his company as the Salesforce of […] Continue reading CrowdStrike’s CEO on how to IPO, direct listings and what’s ahead for SaaS startups→

Grading the final tech IPOs of 2019

Posted on by

As the holiday slowdown looms, the final U.S.-listed technology IPOs have come in and begun to trade. Three tech, tech-ish or venture-backed companies went public this week: Bill.com, Sprout Social and EHang. Let’s quickly review how each has performed thus far. These are, bear in mind, the last IPOs of the year that we care […] Continue reading Grading the final tech IPOs of 2019→

Chicago’s Sprout Social prices IPO mid-range at $17 per share, raising $150M

Posted on by

On the heels of Bill.com’s debut, Chicago-based social media software company Sprout Social priced its IPO last night at $17 per share, in the middle of its proposed $16 to $18 per-share range. Selling 8.8 million shares, Sprout raised just under $150 million in its debut. Underwriters have the option to purchase an additional 1.3 […] Continue reading Chicago’s Sprout Social prices IPO mid-range at $17 per share, raising $150M→

Why Bill.com didn’t pursue a direct listing

Posted on by

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 […] Continue reading Why Bill.com didn’t pursue a direct listing→