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Bending Spoons Goes Public | Tech News
Description
Bending Spoons just hit the Nasdaq with an $18B+ valuation, soaring 40% in its first day — proving their bold strategy of buying struggling internet brands and reviving them with AI isn’t just hype. Co-founder Matteo Danieli insists they’re not flipping companies for profit, but building beloved brands better through relentless operational excellence. Born from a failed startup that taught them luck matters less than execution, they’ve used data and AI to ship faster, boost revenue, and even retain users despite price hikes. Their turnaround of Evernote — powered by AI — is a flagship win. Now, with IPO cash and a market ripe for SaaS deals, they’re doubling down on acquisitions, all under their “Impossible. Maybe.” mantra — and the world’s watching to see if they can turn the impossible into the inevitable.
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