Bending Spoons acquires software assets to hold for decades, never selling
Luca Ferrari · Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127 · 20VC with Harry Stebbings · Mar 15, 2024 · at 23:16
Luca Ferrari is the co-founder and CEO of Bending Spoons. He explains how Bending Spoons' long-term acquisition strategy differs from private equity firms.
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“The other big difference is that we acquire to hold forever. We never sell. I won't say it will never happen. It may occasionally, but it's never happened to any of our significant assets. And so we buy to retain for potentially decades.”
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