Jul. 30 at 10:03 PM
$BILL Says it all that MSFT after market tonight has added 57 Bills equivalent to its market cap. Why even bother invest in small and mid caps when the big guys can crush it like that and the smaller caps get little respect. Meanwhile the likes of BILL are operating sub scale and at low margins and as a result can't invest enough to make themselves into a true category killer. They are as a result too beholden to macro, and that's why the valuation is what it is. These guys have to sell themselves soon, if the next report is sub par the CEO has to give up pretending to be a growth company and just take the
$65 offer. They seem to be living in the 2021 era when they were treated like kings, but that was a bubble, now they need to quit telling stories about how their grandpa was under served as a small business operator and just get the stock a lot higher or else go retire to Hawaii and let a realist run the business.
