Vimeo owner Bending Spoons prices IPO at above target range to raise $1.68 billion
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Read moreDetailsBy Jade Martinez-Pogue June 23, 2026, 5:00 PM EDT Italian mobile app developer Bending Spoons has unveiled terms for an estimated $1.6 billion initial public offering steered by Latham & Watkins LLP and Milbank LLP.... To view the full article, register now. Already a subscriber? Click here to view full article
Read moreDetailsVimeo has detailed how it verifies users’ ages on mobile and the web, routing the checks through identity-verification vendor Persona and, in many cases, estimating age from a selfie. The video platform is careful about the biometrics: it says the facial analysis is used only to estimate age, not to identify anyone, and that no biometric templates are created or stored. The checks track both where a user is and what they are doing. In the United Kingdom, European Union, and Brazil, viewers may be prompted to confirm their age when reaching mature content, when using features that could pose risks to younger audiences, and, in the UK, at login or when viewing unrated content. Videos embedded on third-party sites are not currently covered, with Vimeo placing that responsibility on the host site. The available methods shift by region. In the UK, a user can clear the check through selfie-based age estimation, a government-issued ID, or credit-card verification, while in the EU and Brazil the options are selfie age estimation or a government ID. Vimeo acts as the data controller and Persona processes the data as its processor. How the facial data is handled is the part worth noting. “If
Read moreDetailsBending Spoons SpA, the Italian software acquisition firm that owns Vimeo, Evernote and WeTransfer, is seeking to raise as much as $1.62 billion through an initial public offering, according to a filing with the U.S. Securities and Exchange Commission. The Milan-based company plans to offer 58 million shares priced between $26 and $28 each. Bending Spoons will sell approximately 34.4 million shares, while existing shareholders, including Galileo Quattordici and Baillie Gifford, will offer 23.6 million shares. At the top end of the proposed range, the IPO would value the company at approximately $17.8 billion. The valuation represents a significant increase from the roughly $14.5 billion valuation achieved during a 2025 financing round that included $270 million in primary capital, $440 million in secondary capital and a $2.8 billion debt package, according to PitchBook data. Founded in 2013, Bending Spoons has built a reputation for acquiring established software and digital media businesses and applying a private-equity-style operating model focused on efficiency and profitability. Its portfolio includes the video platform Vimeo, acquired in 2025, as well as the file-sharing service WeTransfer, the note-taking platform Evernote, and the AI-powered photo application Remini. The company reported net income of $27.5 million on revenue of $601 million for the first quarter
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Read moreDetailsItalian tech powerhouse Bending Spoons is aiming to raise up to $1.62 billion in a highly anticipated U.S. initial public offering. The Milan-based firm, known for buying and aggressive revamping digital platforms, plans to market 58 million shares priced between $26 and $28 each. At the top of that target range, the company's valuation would soar to $19 billion, News.Az reports, citing Reuters. The company is targeting an early July debut on the Nasdaq under the ticker symbol "BSP," with financial heavyweights Goldman Sachs, JPMorgan Chase, and Allen & Co leading the offering. Bending Spoons' rapid expansion has been fueled by major acquisitions. Its current portfolio includes: Vimeo (Video-sharing platform) WeTransfer (File-sharing service) AOL (Legacy internet brand, acquired this year) Eventbrite (Ticketing marketplace, acquired this year) The planned listing comes amid a major resurgence in the U.S. IPO market, following massive debuts from companies like SpaceX and Cerebras Systems earlier this year. It will serve as a crucial gauge of investor appetite for software firms as the industry navigates shifts driven by artificial intelligence. Bending Spoons recently turned a sharp financial corner, reporting a net income of $27.5 million on $601 million in revenue for the first quarter of the
Read moreDetailsBank Cler continues its series of AI interviews with soccer coaches. Source: zvg Bank Cler AI Campaign: Clichés as a Stylistic Device Bank Cler is continuing its Bank Cler AI campaign—and switching up the sport. Following the AI-generated interviews with fictional ice hockey coaches—which were broadcast on television during live coverage of the Ice Hockey World Championship and garnered many positive reactions—soccer coaches are now taking center stage. The format is once again being produced by Neu Creative Agency, which previously developed and produced the concept for the ice hockey spots. The new commercials follow the same concept as their predecessors: fictional coaches speak in typical sports clichés—exaggerated, entertaining, and anything but clear in terms of content. It is precisely this deliberate ambiguity that contrasts with Bank Cler’s brand essence; through its image campaign, the bank positions itself as one that provides financial clarity. Soccer as a New Context for the AI Format The decision to switch to soccer in light of current events is an obvious one: The format thrives on the recognizability of certain sports and their typical communication patterns. Soccer coaches are considered a particularly rich source of clichés and meaningless statements—fertile ground for the campaign’s satirical
Read moreDetailsIn November 2025, Bending Spoons acquired Vimeo for $1.38 billion and delisted it from Nasdaq. By January 2026, Vimeo’s entire video engineering team was gone. In February 2026, Vimeo restructured its pricing. In May 2026, Gumlet cut prices by up to 70%, the largest reduction in the company’s history. If you are paying for Wistia today, you are making a budget decision in a market that reorganized completely in the past six months. Most “ Wistia alternatives ” articles stop at the starting price of each platform and call it a comparison. That is not pricing analysis. A platform that costs $10/month for one user and $295/month for a 10-person team with HubSpot integration is not a “$10/month platform.” This article uses three standardized workloads to calculate what each platform actually costs at realistic usage levels, not the number on the pricing page homepage. Additionally, this article breaks down eight platforms across verified 2026 pricing, total cost at three workloads, DRM availability, and honest fit assessments, including two platforms that do not belong in this category but keep appearing in the conversation. Before getting into the platforms, one reframe is worth making explicit. TL;DR: What This Article Tells You Wistia’s
Read moreDetailsPublished 1:49 pm Wednesday, June 17, 2026 A Kelowna documentary focusing on the experiences on the life experiences of unhoused people will be releasing for free. No Fixed Address: The White Cart Memorial will be releasing to the public on June 22. The documentary is a joint production between the BC Centre for Palliative Care and the Kelowna Homelessness Research Centre. The 45-minute documentary explores the connection between grief and homelessness. According to a Kelowna-based study by the filmmakers, 65 per cent of participants made the connection between grieving a death in their life to “the time they felt life ‘fell apart’ and they became homeless.” “While grief after loss is a universal human experience, not all grief is recognized or supported equally. People who are unhoused are often excluded from traditional systems of grief and bereavement care and may not be acknowledged as grievers at all. This lack of recognition can make it more difficult for individuals and communities to process loss, access support and heal,” the BC Centre for Palliative Care said in a release on the film. The co-directors and producers of the documentary, Joshua Black and Stephanie Laing, said they hope the documentary helps put a
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