Bending Spoons draws attention with acquisitions of recognizable venture-backed tech companies

Bending Spoons is attracting attention for pursuing recognizable technology companies backed by top-tier venture capital, rather than mainly buying smaller, less prominent businesses. The strategy is presented as a distinct model within technology-company acquisitions, as founders and employees may use a sale as a transition to new ventures or products.

A potential U.S. version of the model could target overcapitalized venture-backed companies that no longer achieve venture-scale growth. A hypothetical purchase at three times revenue, followed by cost reductions, was described as potentially producing substantial EBITDA and free cash flow; the example was not presented as a specific transaction.

More assets may become available as investors accept that some long-held companies should be sold, although it remains uncertain who could build a U.S.-based buyer. One cited example involved an acquired company spinning out its AI products and experimentation division with its founders and key employees, while others stayed with the business.