If you’re using it, you should plan to migrate off ASAP. I’ve been a long time user of Harvest, and after Bending Spoons acquired it, they increased our pricing by 800%.
Bending Spoons buying Miro for $1.355B
41–50 of 79 posts
Re: Bending Spoons buying Miro for $1.355B
#42Wow, this is quite shocking. I used to work in Amsterdam and Miro used to be one of more well-known companies there. A few of my friends worked there at some point.
I used it quite heavily at one company. I found it a bit bloated, but it was ok, and I didn't have to jump between one tool and another, it allowed me to draw some diagrams, do retrospective, share ideas with others.
Clearly the pandemic skyrocketed their valuation to a level they couldn't maintain...
Re: Bending Spoons buying Miro for $1.355B
#43Tried Miro once. Wasn’t a whiteboard replacement. Wasn’t design software. Wasn’t a PM tool. Even when the Miro power users would bust it out in meetings, it was always so painful to watch. I don’t know what the point of Miro really was. There was a time Figma was doing something similar (FigJam), so maybe there was a trend for a sec. No idea why or how it’s worth over a billion dollars. Anyone reading this going “Noo…
My best experience was a large meeting I had recently, in a well equipped conference room with actual whiteboards and stacks of post-it notes and the Power Miro User in the room insisted we all bring laptops and work on the boards online. Jesus Christ.
Re: Bending Spoons buying Miro for $1.355B
#44I have some friends there. Morale in the company was very very low. There were multiple rounds of lay-offs and management went AI crazy. They were desperate to live up to their extreme valuation from 2022. "We have to be the future of work" etc. Now the exit was 10x lower than their max valuation. Great whiteboarding tool though.
What’s great about it? I shudder every time some product manager sends out a miro link. People should try Kinopio.
It's a best-in-class real time collaboration board. It's also a decent general purpose diagramming tool, but if you're using it for creating software architecture diagrams or product flows, there are better tools for that.
Re: Bending Spoons buying Miro for $1.355B
#45Notion is next
Re: Bending Spoons buying Miro for $1.355B
#46Tried Miro once. Wasn’t a whiteboard replacement. Wasn’t design software. Wasn’t a PM tool. Even when the Miro power users would bust it out in meetings, it was always so painful to watch. I don’t know what the point of Miro really was. There was a time Figma was doing something similar (FigJam), so maybe there was a trend for a sec. No idea why or how it’s worth over a billion dollars. Anyone reading this going “Noo…
i'm forever chasing the dragon of cocktail napkin + physical stickies + Balsamiq, and have never even used Miro, and even i let out a "ohhhh no" in a welp, should i just go back to bed tone seeing this
i'm just waiting to wake up to news of Luca Ferrari buying Inter Milan like some old world Mark Walter
Re: Bending Spoons buying Miro for $1.355B
#472xARR is extremely low, I'd like to know why they sold. After being valued at 17B selling for close to ~2B is interesting.
2x ARR is low... But if they are making $600ARR and barely breaking even, enterprise and growth rates are slowing, or customer churn is high then it isn’t as healthy a business as it looks on paper. Especially if they don't have a new play in a highly competitive space where companies are looking to cut costs.
Re: Bending Spoons buying Miro for $1.355B
#48Can they just buy Atlassian.
And Adobe?
No hold on... Adobe is probably already secretly owned by BS given their business practices.
Re: Bending Spoons buying Miro for $1.355B
#49Wow, this might seal the deal for "SaaS-pocalypse". I imagine the upside is high for Spoons considering the wealth of data and a well-oiled product enshittification playbook.
Re: Bending Spoons buying Miro for $1.355B
#50Isn't Bending Spoons the one who acquired Vimeo then fired all but a skeleton staff?
and others like Aol. and Eventbrite, but where it really hit me was Evernote. i tried to cancel and then Bending Spoons (BS for short) tried to charge me several times at a subscription 5 times the cost. i think something about pre-auth tokens across the sea on a PayPal account almost old enough to run for the House of Representatives might have had something to do with it, but IIRC BS has already had cash money rulings against it for shady-to-illegal billing practices
its reward? successful IPO. here is an Economist article from a couple months ago: https://www.economist.com/business/2026/07/01/can-bending-sp...