I'm often thinking about building a better Meetup, it's so expensive for organizers these days. But then I acknowledge the network effects and I give up. And they own Eventbrite too! Savvy people.
Italy's Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPO
21–30 of 118 posts
Re: Italy's Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPO
#22Their strategy always was "buy company" and "instantly lay off about everyone" to save costs and rapidly increase subscription pricing (1). So far they've been relatively soft (for their doing) on Komoot, which I too am most anxious off. Bikepacking.com has a good read about Komoot; it was probably unsustainable in the long run before bending spoons took over anyways (2), yet I much rather had they stayed a sort of i…
Re: Italy's Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPO
#23I'm often thinking about building a better Meetup, it's so expensive for organizers these days. But then I acknowledge the network effects and I give up. And they own Eventbrite too! Savvy people.
I see a lot of people using https://luma.com/ . I'm sure it's not as big as Meetup but it does have a decent community of users, and you can set up pretty much anything with their free plan.
Re: Italy's Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPO
#24I'm often thinking about building a better Meetup, it's so expensive for organizers these days. But then I acknowledge the network effects and I give up. And they own Eventbrite too! Savvy people.
I see a lot of people using https://luma.com/ . I'm sure it's not as big as Meetup but it does have a decent community of users, and you can set up pretty much anything with their free plan.
Re: Italy's Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPO
#25IMO, they buy companies, lay off en masse and sell the now sunsetted products. Reminiscent of "Chainsaw" Al Dunlap, but he gutted and then flipped whole companies. I think of them as the bakery outlet store that sells only stale goods.
That's where businesses like Bending Spoons, Red Ventures, and IAC come in for digital media.
Re: Italy's Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPO
#26Earlier quoted context omitted.
I see a lot of people using https://luma.com/ . I'm sure it's not as big as Meetup but it does have a decent community of users, and you can set up pretty much anything with their free plan.
At least in the Bay, Luma and Partiful are much bigger than Meetup now.
Re: Italy's Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPO
#27Re: Italy's Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPO
#28That said, their business model seems fairly solid, and despite the naysayers, they improve things a bit on most of their acquisitions. So there might be some real value in what they do. Yet, the expected market valuation is way off. But worry not: market will fix that.
Re: Italy's Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPO
#29IMO, they buy companies, lay off en masse and sell the now sunsetted products. Reminiscent of "Chainsaw" Al Dunlap, but he gutted and then flipped whole companies. I think of them as the bakery outlet store that sells only stale goods.
Re: Italy's Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPO
#30They also own Komoot and I am anxiously awaiting the enshittification. As of now my use cases still work and it certainly helped that I bought the lifetime all-world map package.