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Yeah, survey monkey does $40M/year in revenue. The company took $100M in debt financing to pay the founders, and put cash in the company coffers. The $100 mil
by jcampbell1 16y ago
Yeah, survey monkey does $40M/year in revenue. The company took $100M in debt financing to pay the founders, and put cash in the company coffers. The $100 million was more of a tax-arbitrage deal than anything else. (In the US equity payments are double taxed, but debt service isn't)