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Bending Spoons has recently been buying aging SaaS companies that have established PMF and customers and decent brands (Evernote, Komoot, WeTransfer, Meetup). I guess it's mostly a private equity play—usually after being acquired by BS, prices go up, paywalls go everywhere, companies get "more efficient" (aka layoffs) and the product stops evolving. I wish there was a better outcome for beloved brands with good produ…
Are they buying the products or users - they laid off the entire staff of Filmic after purchasing them.
According to layoffs.fyi there were also layoffs in 2022 and 2023.
Bending Spoons also bought Evernote. They seem to have a portfolio of "used-to-be-the-thing" products. Are they buying the products or users - they laid off the entire staff of Filmic after purchasing them.
Bending Spoons also bought Evernote. They seem to have a portfolio of "used-to-be-the-thing" products. Are they buying the products or users - they laid off the entire staff of Filmic after purchasing them.
Their strategy basically seems to be just to buy the brand and then rewrite the code
Vimeo worth this much is incredible.
Everybody loves to hate BendingSpoon, but there is a lesson here. They consistently rewrite the code of their acquisitions with a tiny team, fire everybody and are able to maintain and improve the product. They basically skip everything but engineers, and they are kept at a minimum. Feedback from users is the products they take over 1) become more expensive, 2) they ship features waaaay faster. It looks like next gen…
Everybody loves to hate BendingSpoon, but there is a lesson here. They consistently rewrite the code of their acquisitions with a tiny team, fire everybody and are able to maintain and improve the product. They basically skip everything but engineers, and they are kept at a minimum. Feedback from users is the products they take over 1) become more expensive, 2) they ship features waaaay faster. It looks like next gen…
Also, their core development team is in Italy and they are considered by many the best company in the IT space in Italy. What it means is that they have the top Italian talent, they pay them a very good italian salary that is still way lower than an american one. So basically they have very capable people working on their engineering, at a fraction of the cost of the original staff.
That’s just PR to get students to apply and pay them peanuts. History shows that they acquire businesses, make them worst and destroy them.
Vimeo worth this much is incredible.
Their corporate video hosting is great for platform hosting, but guess I need to find a new provider for next years renewal.
It doesn't do HLS out of the box (it's just S3-compatible storage, unlike the pricier Cloudflare Stream). But you should be able to do the transcoding yourself: https://github.com/wesbos/R2-video-streaming
Or what are some other good options for Vimeo replacements?