Bending Spoons, the company behind notable acquisitions like AOL and Vimeo, has gone public on the Nasdaq with a market capitalization briefly exceeding $25 billion. Despite a slight slump, its market cap remains double its previous private valuation of $11 billion. The company's strategy involves acquiring and improving digital brands, with a focus on financial success through tech, AI, price hikes, and layoffs.
Bending Spoons' portfolio includes Meetup, Eventbrite, and WeTransfer, serving over 500 million monthly active users and 9 million monthly paying customers. The company reported $1.31 billion in revenue for 2025, with investors anticipating further growth.
With its IPO, Bending Spoons' cofounders have become billionaires on paper, retaining control of the company. The company plans to continue its acquisition spree, having sourced over 2,500 opportunities in 2025 and identifying over 1,000 potential targets for future acquisitions.
