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Bill.com capitalizing on popular trends

In his article today for The Wall Street Journal, Telis Demos discussed Bill.com's upcoming IPO, saying that the company "is set to capitalize on two hot investor trends at once: business software and electronic payments." In his analysis Demos cites Triton's IPO Dossier on Bill.com, noting that the Company's enterprise value at the midpoint of the initial price range represents a 5x multiple of 2020 revenue, with those figures projected using Triton's bottom-up financial model. This, Demos said, "puts it on the cheap side relative to other fast-growing business software companies." Full article in The Wall Street Journal - HERE


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