Bending Spoons: The Controversial Tech Giant Behind AOL, Vimeo, and Evernote

What is Bending Spoons? The little-known AOL and Vimeo owner that's now public

I explore how Milan-based Bending Spoons went public with a massive valuation after acquiring iconic brands like AOL, Vimeo, and Evernote. Their strategy involves aggressive cost-cutting and AI integration to boost profits, often sparking controversy over layoffs and price hikes. Despite criticism, the company claims stable user retention and plans to continue buying undervalued digital businesses to build a permanent portfolio.

"They acquire products with real customer behavior, then integrate them into a centralized system of product, engineering, data, monetization, AI, and operating discipline."