This is really getting into the weeds with regards to how a bankruptcy court would handle a case like this.
Agreed. Still, one of the early posters here mentioned having an amount in high six figures in a Bill.com account. At that level, you want such issues nailed down.
There really is no reason to think that Bill.com will ever go bankrupt.
Their financial statements indicate they're operating as a "buy growth or die" startup, even after going public. They spend a huge amount on marketing. Marketing is more than twice cost of sales. They still lose huge amounts of money. They're taking on debt. Sometimes that works, as it did for Amazon. Sometimes it doesn't. Some analysts are worried.[1]
Agreed. Still, one of the early posters here mentioned having an amount in high six figures in a Bill.com account. At that level, you want such issues nailed down.
There really is no reason to think that Bill.com will ever go bankrupt.
Their financial statements indicate they're operating as a "buy growth or die" startup, even after going public. They spend a huge amount on marketing. Marketing is more than twice cost of sales. They still lose huge amounts of money. They're taking on debt. Sometimes that works, as it did for Amazon. Sometimes it doesn't. Some analysts are worried.[1]
[1] https://seekingalpha.com/article/4484590-billcom-bill-stock-...