The Ledger
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Ferrari admits Bending Spoons has never priced an acquisition deal correctly
“There hasn't been a single one we have priced correctly.”
Bending Spoons made Evernote offline note access free for all users
“Offline is a big one, like offline availability of notes and notebooks used to be a premium feature and now it's free.”
Bending Spoons teams favor Lovable, while Simionato personally prefers Replit
“I think our teams use Lovable more than Replit. I personally use Replit more than Lovable though.”
Stebbings: Bending Spoons acquired Eventbrite for $500 million
“Just this week, they acquired Eventbrite for five hundred million dollars.”
Bending Spoons' legacy app 30 Day Fitness still generates millions annually
“I'm not sure what it makes today. I think it's still in the several millions a year.”
Stebbings: Bending Spoons acquired Vimeo for $1 billion
“Last month, they acquired Vimeo for a billion dollars.”
Singlehurst: Bending Spoons achieved high profitability by avoiding overcapitalization
“I think that's an amazing example of this company that was largely bootstrapped Has created the most amazing scalable business model profitability like most companies would give an arm for. And they did it by sort of circumventing that, that world of over capi…”
Bending Spoons launched with $40,000 in leftover capital from Evertail
“The company, we funded it with around 40,000 dollars, which was the leftover capital from Evertail.”
Bending Spoons' acquisition strategy stems from founders' previous startup failure
“The reason why we took that route, I think, is precisely because we crashed and burned by being arrogant in thinking we knew what the market would want and we could build it for them.”
Bending Spoons made its first acquisition for $15,000 in 2014
“Made our first acquisition, I think early 2014, so we're talking maybe six or seven months into The startup at the time, it was for a keyboard app paid 15,000 dollars for it”