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RE: LeoThread 2025-07-01 12:43

in LeoFinance3 months ago

Part 4/7:

Before the IPO, SurveyMonkey's financial condition was problematic, with $40 million in cash against $320 million in net debt. Following the IPO, while some debt was alleviated, the company remained in a challenging financial position, confined by the need to manage substantial interest expenses, which amounted to over 10% of revenue each quarter.

Market Position: Risks and Competitive Landscape