alt Hacker NewsCan someone in the know explain Bending Spoons?
I routinely see job postings by them in my local dev circles, significantly above market rate, and the offers seem to keep reappearing forever. Their site namedrops known apps and services like wetransfer but otherwise seems to be just buzzwords.
Are they VC buying existing IPs? What is exactly going on?
Replies
hadlock • today at 6:20 PM
They are private equity, which is where your company ends up if they fail to 10x and/or go public
gulugawa • today at 8:48 PM
I describe Bending Spoons as an Italian private equity company. The CEO openly admits that the business model involves buying companies and trying to squeeze as much profit out of them.
Hundreds of millions in revenue and three acquisitions in 2024 — what’s behind Bending Spoons’ success? | Sifted https://sifted.eu/articles/bending-spoons-italy-startup-ipo
So private equity is behind it.