Bending Spoons to buy Airtable for $1.28B
At its peak in 2021, Airtable was valued at over $11 billion, but earlier this year, its shares were said to be trading on the secondary markets at a valuation of $4 billion.
At its peak in 2021, Airtable was valued at over $11 billion, but earlier this year, its shares were said to be trading on the secondary markets at a valuation of $4 billion.
The company has grown rapidly by acquiring and revamping last-generation tech brands like AOL, Eventbrite, Evernote, Meetup, and Vimeo.
The co-founders of Bending Spoons, the Italian company quietly buying beloved, ailing Internet brands, learned big lessons from their own startup’s failure.
Bending Spoons say its app caters to a user base of over 500 million monthly active users.
Bending Spoons say its app caters to a user base of over 500 million monthly active users.
Vimeo is in the process of laying off some of its global staff after being acquired last year by Bending Spoons for $1.38B.
WeTransfer co-founder Nalden has a new file transfer service that users can use without logging in.
The acquisition price for the events marketplace is a fraction of the $1.76 billion valuation it achieved during its 2018 IPO.
An investor explains the “buy, fix, and hold” model employed by Bending Spoons and similar companies that buy distressed startups.
Bending Spoons remains largely unknown, even as its portfolio of products has served more than a billion people.