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Harry Stebbings: Monday valuation plunges 70 percent to $3.8BN amid public SaaS pressure

Harry Stebbings: Monday valuation plunges 70 percent to $3.8BN amid public SaaS pressure
Monday valuation falls 70 percent

Monday, once valued at $15BN, is now valued at just $3.8BN despite $1.3BN in annual recurring revenue and $1.5BN in cash.

Tweet author Harry Stebbings highlighted the dramatic downturn, noting that Monday is among the hardest hit public SaaS companies. Stebbings recently met with Monday's CEO to discuss these challenges and the sharp decline in valuation.

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