The Italian technology conglomerate Bending Spoons launched its IPO on the Nasdaq stock exchange this week. The company was met with significant market interest, with its valuation exceeding $25 billion shortly after launch. This figure is more than double the $11 billion valuation the company held while in the private sector. This is reported by Techcrunch.com reports . Founded in Milan, the company has gained attention in recent years for acquiring world-famous digital brands such as AOL, Vimeo, Meetup, Eventbrite, and WeTransfer. Although Bending Spoons’ strategy resembles that of private equity funds, unlike them, the company does not resell the acquired brands; instead, it retains them within its portfolio and modernizes them using AI. Strategy and Controversial Decisions Bending Spoons has also faced significant criticism throughout its operations. In particular, after acquiring popular services like Evernote, price hikes and mass layoffs caused dissatisfaction among users. However, in an interview with TechCrunch, co-founder Matteo Danieli emphasized that despite all the changes, customer loyalty remains stable. According to reports provided by the company, as of March 2026, more than 500 million active users utilize projects in its portfolio monthly. Additionally, over 9 million customers are paying for subscriptions. These figures prove that
Read More










