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Bending Spoons rockets on Nasdaq debut, making founders billionaires

1 min read
Source: Financial Times
Bending Spoons rockets on Nasdaq debut, making founders billionaires
Photo: Financial Times
TL;DR Summary

Milan-based Bending Spoons, owner of Vimeo and Eventbrite, priced its Nasdaq IPO at $29 and raised $1.68 billion in an $18.4 billion offering, sending the stock up about 40% and turning the co-founders into billionaires. The company has pursued aggressive acquisitions (including Vimeo in 2025 and Eventbrite this year), with more targets named and a revenue of $1.31 billion in 2025 against 2023’s $387 million. While marketed as a software-sector bellwether, its aggressive transformations have drawn scrutiny over potential large job cuts as it seeks to sustainably grow earnings.

Topics:business#bending-spoons#european-technology#ipos#nasdaq-listing#technology#vimeoeventbrite-acquisitions
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  1. AOL and Eventbrite owner Bending Spoons jumps on Nasdaq debut  Financial Times
  2. Bending Spoons, Owner of AOL and Other Old Internet Brands, Is Going Public  The New York Times
  3. AOL owner Bending Spoons raises $1 billion in IPO  Axios
  4. Italian CEO Of Bending Spoons, Owner Of AOL And Evernote, Is Worth $2.4 Billion After IPO  Forbes
  5. Can Bending Spoons thrive as a listed company?  The Economist

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