Italy's Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPO

Post by kryogen1c » Mon, Jun 08, 2026, 6:15 PM UTC

Maxious wrote: post #52

Zigurd wrote: post #45

I'm old enough to have been acquired by Computer Associates at a company that acquired my company. CA's business model was to buy companies and then fold their products into an omnibus license, all of their customers, including the ones they just acquired, becoming involuntary licensees whatever the cat dragged in this quarter. It turns out a lot of corporate IT has no idea how to switch vendors in case a product the…

The number of corporate IT departments got caught when VMWare licencing shifted from Dell EMC to Broadcom https://www.techradar.com/pro/broadcom-has-allegedly-hiked-v...

Post by gekoxyz » Mon, Jun 08, 2026, 6:27 PM UTC

stefan_ wrote: post #43

raphman wrote: post #6

> "Founded in 2013, Bending Spoons reported a net income of $27.5 million on revenue of $601 million for the three months ended March 31, compared to a net loss of $112.2 million on revenue of $259 million a year earlier. A large chunk of its revenue comes from recurring subscriptions, providing a more predictable stream of income." Gergely Orosz did an interview with them in 2024: https://newsletter.pragmaticenginee…

Clever, shitty numbers and they decide to IPO at the peak of the "actually SaaS is worthless" hype. I wish them the worst, considering their business model.

Post by mmarian » Mon, Jun 08, 2026, 7:06 PM UTC

bsimpson wrote: post #70

mmarian wrote: post #47

Earlier quoted context omitted.

Hmm, didn't know of Partiful. Quick look at landing page, seems more geared to parties and more social media-y? Meetup's event listing was good as it was; well, before they started charging for you to even see who's attending.

In NY + SF, it's used for anything you might want to attend that would be organized by an individual - parties, meetups, food crawls, classes, concerts, local events, etc.

Post by drob518 » Mon, Jun 08, 2026, 7:54 PM UTC

BonoboIO wrote: post #51

postalcoder wrote: post #15

Earlier quoted context omitted.

You missed filmic. Wow. So these people are the reason why Filmic went overnight from one of my favorite iOS apps to something for the trash heap. my knee jerk reaction is to throw shade at the ppl operating the company but, upon second thought, there's an obvious pattern of them relieving the company from people who knew less how to run (and sustain) it. I haven't used evernote in almost a decade but it actually see…

At least Evernote was saved by Bending Spoons. At one point, even Evernote was getting roughly a third of its monthly revenue from merchandise, which is pretty wild for a paperless note-taking app and a decent sign that the core business was already in bad shape. For the rest, though, they seem very good at squeezing hard whatever is left.

Post by justsomehnguy » Mon, Jun 08, 2026, 8:00 PM UTC

kryogen1c wrote: post #71

Maxious wrote: post #52

Earlier quoted context omitted.

The number of corporate IT departments got caught when VMWare licencing shifted from Dell EMC to Broadcom https://www.techradar.com/pro/broadcom-has-allegedly-hiked-v...

This still confuses me. It's clear they wanted to 10x licensing costs and /10 customers which assumably raises margins, but i still dont see it working out. My international enterprise and all our business partners moved every broadcom product we have to a competitor. On top of that, they were very aggressive and combative with their sales+cease and desist threats. They earned enemies for life. Some of us care about…