Vimeo

MILAN — Vimeo built a video platform over two decades with engineers, product designers, and a team that understood what filmmakers needed. When Bending Spoons acquired the company in September 2025, it kept the platform and shed most of the people. The entire video team is gone. The ongoing work of maintaining and updating Vimeo’s codebase is increasingly being done by AI. Bending Spoons raised $1.68 billion on the Nasdaq on Tuesday at an $18.4 billion valuation, and the market priced that arrangement without blinking. Bending Spoons is an Italian software company, founded in Milan in 2013 by Luca Ferrari and four co-founders after their first startup failed. Its model is straightforward to describe and ruthless to execute: identify digital platforms with large user bases and declining growth, acquire them at prices that reflect their cash flow rather than their potential, cut the staff, centralize the infrastructure, and let AI handle an increasing share of the software development. The company describes this as “improving operations.” The F-1 filing it submitted to regulators before its IPO describes $78.6 million in “reorganization-related expenses” in 2025 alone. The portfolio now includes AOL, Vimeo, Evernote, Eventbrite, WeTransfer, and Meetup, along with roughly 50 other

AOL, Vimeo owner Bending Spoons surges nearly 40% in US market debut. 7/1/26 REUTERS 10:12:29. •. Copyright (c) 2026 Thomson Reuters. •. Elvira ...

Echo Wang and Elvira Pollina Tue, June 30, 2026 at 7:36 PM CDT 2 min read By Echo Wang and Elvira Pollina June 30 - Bending Spoons, owner of the video platform Vimeo and the internet services company AOL, priced its U.S. initial ‌public offering above its targeted range at $29 per share on Tuesday, raising $1.68 billion in a ‌rare software IPO as the sector grapples with disruption from AI. The Italian software company and its existing shareholders ​sold about 58 million shares in one of the largest IPOs by a European company this year. The shares were marketed between $26 and $28 apiece. The company was valued at $11 billion in its last funding round in 2025. The deal comes as the U.S. market for initial public offerings ‌has regained momentum after a prolonged ⁠slowdown. SpaceX.O blockbuster debut earlier this month, the largest IPO on record, followed Cerebras Systems listing earlier this year, reflecting a pickup in ⁠activity among high-profile technology offerings. Bending Spoons, whose name was inspired by a scene in the science-fiction film The Matrix, has emerged as one of Europe's most prominent technology companies, pursuing a ​strategy of ​acquiring underperforming software businesses and overhauling them.

The Milan-based acquirer behind AOL, Evernote, Vimeo, and WeTransfer is set to debut on the Nasdaq under ticker BSP after pricing its IPO above its marketed $26 to $28 range, targeting a valuation of roughly $19 billion. The numbers Bending Spoons brought to Wall Street are not easy to dismiss. Revenue hit $1.31 billion in 2025, up 95% year over year. Q1 2026 came in at $601 million, more than double the $259 million it posted in the same quarter a year earlier. The company swung from a $112 million net loss to $27.5 million in net profit in a single year. Revenue per full-time employee more than doubled to $2.6 million. Goldman Sachs, JPMorgan, and Allen and Company are running the books. Demand for shares came in at multiples of the offer, and the company priced above range. If you're looking for a deal that Wall Street is clearly excited about, this is it. But the question worth asking before the opening bell Wednesday is whether any of this is actually new, or whether Bending Spoons has built a genuinely defensible business model, or is simply the best-run version of a very old trade. CEO Luca Ferrari calls the

Please enable JS and disable any ad blocker

The iconic internet pioneer joins Vimeo, WeTransfer, Evernote and Eventbrite in the Milan-based software company’s public market debut. Milan-based Bending Spoons is preparing to raise up to $1.6 billion in an initial public offering, with pricing and trading expected next week. The company has built its business by acquiring well-known but underperforming software and digital media brands, including Vimeo, WeTransfer, Evernote, Eventbrite and, most recently, AOL. Founded in 2013, Bending Spoons has pursued a digital roll-up strategy centered on acquiring mature software businesses and improving their performance through product optimization, subscription-based monetization, artificial intelligence and data-driven operations. The IPO will also mark AOL’s return to the public markets as part of Bending Spoons’ portfolio. AOL’s roots date to 1983, when it was founded as Control Video Corp. After reorganizing as Quantum Computer Services, the company launched Quantum Link, an online service for Commodore computers. In 1989, the service was renamed America Online, or AOL, and focused on making online access simple for mainstream consumers rather than just technology enthusiasts. Throughout the 1990s, AOL became synonymous with the consumer internet. Its aggressive distribution of free trial CDs, dial-up internet service, email platform, chat rooms and AOL Instant Messenger helped introduce millions of households to life online. By 2000, AOL had more

Casa Amor comes to an end and the Islanders face big decisions ahead of an explosive recoupling.

Read More

Our systems have detected unusual traffic from your computer network. Please try your request again later. Why did this happen? IP address: 185.181.255.246Time: 2026-06-29T00:37:04ZURL: https://www.youtube.com/watch%3Fv%3DSis6X3ytJGM

TL;DR Bending Spoons, the company behind WeTransfer, Evernote, Vimeo, AOL, and Eventbrite, has filed to go public on Nasdaq under the ticker BSP. Eligible Kraken customers across the EEA and many global markets can submit a non-binding indication of interest through xStocks , with funds reserved rather than charged. Customers who receive an allocation get BSPx, a 1:1 backed tokenized representation of Bending Spoons equity, in their Kraken portfolio on listing day. BSPx trades 24/5 from day one on Kraken, participating xStocks Alliance platforms, and compatible DeFi venues. You may not know the name Bending Spoons, but you have almost certainly used its apps. The company owns and operates some of the world’s most widely used consumer software, including WeTransfer, Evernote, Vimeo, AOL, and Eventbrite, part of a portfolio of more than 50 products that reaches around 500 million people every month. It has now filed to go public on Nasdaq under the ticker BSP. Until now, most non-US retail investors had few ways to take part in an IPO like this. In most cases they could only buy a stock once it began trading on the open market, often well after institutional participants had secured their positions. That changes