Was this name inspired by Uri Geller?
More likely The Matrix, but the whole "psychic spoon bending" thing was of course made popular by Geller.
Tell HN: Bending Spoons laid off almost everybody at Vimeo yesterday
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Re: Tell HN: Bending Spoons laid off almost everybody at Vimeo yesterday
#32What is Vimeo for as compared to YouTube or self-hosting video files?
Re: Tell HN: Bending Spoons laid off almost everybody at Vimeo yesterday
#33From "Vimeo to be acquired by Bending Spoons in $1.38B all-cash deal" ( https://techcrunch.com/2025/09/10/vimeo-to-be-acquired-by-be... ): > Bending Spoons has a pattern of acquiring companies, then laying off staff and cutting features. For example, Bending Spoons acquired note-taking and task management app Evernote in 2022, after which the company laid off most of its U.S. and Chile staff and moved operations to E…
I don't understand this model. Such significant layoffs would indicate that there is no real appetite for expansion or growth. Their goal might be be to acquire, dramatically cut costs, and then run the product for as long as they can at a profit before breaking it down and selling it off (or hope for a buyout by a bigger player.) But that wouldn't make sense — customers of a depreciating SaaS product surely churn af…
This is just my personal opinion, but if they didnt change the price of Evernote and never made any changes, I probably would remain a customer for a very very long time. There is a high switching cost for me to use any app to move all my docs, and notes.
I dont know if the same can be said for Vimeo, though
Re: Tell HN: Bending Spoons laid off almost everybody at Vimeo yesterday
#34From "Vimeo to be acquired by Bending Spoons in $1.38B all-cash deal" ( https://techcrunch.com/2025/09/10/vimeo-to-be-acquired-by-be... ): > Bending Spoons has a pattern of acquiring companies, then laying off staff and cutting features. For example, Bending Spoons acquired note-taking and task management app Evernote in 2022, after which the company laid off most of its U.S. and Chile staff and moved operations to E…
I don't understand this model. Such significant layoffs would indicate that there is no real appetite for expansion or growth. Their goal might be be to acquire, dramatically cut costs, and then run the product for as long as they can at a profit before breaking it down and selling it off (or hope for a buyout by a bigger player.) But that wouldn't make sense — customers of a depreciating SaaS product surely churn af…
Its just private equity for software
Re: Tell HN: Bending Spoons laid off almost everybody at Vimeo yesterday
#35This is AGI.
Re: Tell HN: Bending Spoons laid off almost everybody at Vimeo yesterday
#36From "Vimeo to be acquired by Bending Spoons in $1.38B all-cash deal" ( https://techcrunch.com/2025/09/10/vimeo-to-be-acquired-by-be... ): > Bending Spoons has a pattern of acquiring companies, then laying off staff and cutting features. For example, Bending Spoons acquired note-taking and task management app Evernote in 2022, after which the company laid off most of its U.S. and Chile staff and moved operations to E…
I don't understand this model. Such significant layoffs would indicate that there is no real appetite for expansion or growth. Their goal might be be to acquire, dramatically cut costs, and then run the product for as long as they can at a profit before breaking it down and selling it off (or hope for a buyout by a bigger player.) But that wouldn't make sense — customers of a depreciating SaaS product surely churn af…
Yeah this is what I think Bending Spoons does, mostly based on the Evernote situation.
Product has paying users and it's in a "complete" state. Cut costs to optimize profit for a bit and hope not everyone leaves.
In the case of Evernote, it's probably really hard to get 10 year users off of it at this point, so they can double subscriptions and they're locked in. My assumption is that there's a serious amount of people that go "eh" and just deal with the cost increase and stagnated features.
Re: Tell HN: Bending Spoons laid off almost everybody at Vimeo yesterday
#37Earlier quoted context omitted.
I don't understand this model. Such significant layoffs would indicate that there is no real appetite for expansion or growth. Their goal might be be to acquire, dramatically cut costs, and then run the product for as long as they can at a profit before breaking it down and selling it off (or hope for a buyout by a bigger player.) But that wouldn't make sense — customers of a depreciating SaaS product surely churn af…
This is just my personal opinion, but if they didnt change the price of Evernote and never made any changes, I probably would remain a customer for a very very long time. There is a high switching cost for me to use any app to move all my docs, and notes. I dont know if the same can be said for Vimeo, though
I would still be a happy Evernote customer if they hadn't rewritten all the apps from scratch.
Re: Tell HN: Bending Spoons laid off almost everybody at Vimeo yesterday
#38What is Vimeo for as compared to YouTube or self-hosting video files?
Vimeo you manage your brand and presentation. YouTube you have little control over where or how your video is presented.
Vimeo also provides VOD for some large brands and media companies.
Re: Tell HN: Bending Spoons laid off almost everybody at Vimeo yesterday
#39What is Vimeo for as compared to YouTube or self-hosting video files?
Our business uses Vimeo because we get a discounted rate on acami CDN via their bulk purchasing power. YouTube is free but that comes with a lot of headaches. For example not being able to hide the recommended videos at the end of a video, which annoyed our clients in the past when we did use YouTube. YouTube also needs to be public to be embeddable, which also created issues for us.
However this announcement has me terrified and literally scrambling for a backup plan.
Re: Tell HN: Bending Spoons laid off almost everybody at Vimeo yesterday
#40From "Vimeo to be acquired by Bending Spoons in $1.38B all-cash deal" ( https://techcrunch.com/2025/09/10/vimeo-to-be-acquired-by-be... ): > Bending Spoons has a pattern of acquiring companies, then laying off staff and cutting features. For example, Bending Spoons acquired note-taking and task management app Evernote in 2022, after which the company laid off most of its U.S. and Chile staff and moved operations to E…
I don't understand this model. Such significant layoffs would indicate that there is no real appetite for expansion or growth. Their goal might be be to acquire, dramatically cut costs, and then run the product for as long as they can at a profit before breaking it down and selling it off (or hope for a buyout by a bigger player.) But that wouldn't make sense — customers of a depreciating SaaS product surely churn af…
What's hard to understand? They switch the companies from growth (no matter the cost) to revenue extraction (even if it will eventually fade)
Minimum viable cost of keeping the lights on. And sometimes they even compromise a little, "let's spend a tiny bit more and see how much growth we can get from that"