Bending Spoons

5 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Oct 24, 2024 by Joe Hyrkin · said 13 times in 1 episodes since 2024 · across every show →

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brought up most by Nathan Latka (12), Joe Hyrkin (1)

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Everything said about Bending Spoons, oldest first

Oct 24, 2024
Disclosure
Hyrkin: Issuu acquisition by Bending Spoons was all cash without earnouts
“Well, it was all cash, no earnouts.”
Joe Hyrkin Oct 24, 2024 ▶ 5:34 Bending Spoons just bought his company for $100,000,000+ with Issuu CEO Joe Hyrkin
Oct 24, 2024 positive
Assertion Not checkable as stated
Hyrkin: Bending Spoons buys $25M-$200M ARR companies to hold long-term
“What they're doing is they're buying companies that have, ah, some pretty good scale kind of revenue in the 25 to two hundred million dollar range, profitable or close to it, and then they go run them They buy to own. It's not a P firm.”
Joe Hyrkin Oct 24, 2024 ▶ 2:36 Bending Spoons just bought his company for $100,000,000+ with Issuu CEO Joe Hyrkin
Oct 24, 2024
Assertion Not checkable as stated
Hyrkin: Issuu sold for nine figures at $30M+ revenue
“As a company, we're doing just north of thirty million in revenue. Profitable. Not, not very profitable, but sort of barely profitable. And we sold the company for nine figures.”
Joe Hyrkin Oct 24, 2024 ▶ 3:35 Bending Spoons just bought his company for $100,000,000+ with Issuu CEO Joe Hyrkin
Oct 24, 2024
Disclosure
Hyrkin: Issuu paid over $2M in investment banker fees on exit
“A little over two million.”
Joe Hyrkin Oct 24, 2024 ▶ 5:29 Bending Spoons just bought his company for $100,000,000+ with Issuu CEO Joe Hyrkin
Oct 24, 2024 positive
Assertion Not checkable as stated
Hyrkin: Bending Spoons did not retrade price terms during Issuu acquisition
“One of the great things about working with Bending Spoons, they didn't retrade with us. I don't think they've retraded with others, meaning changed the price. Terms were the terms.”
Joe Hyrkin Oct 24, 2024 ▶ 20:13 Bending Spoons just bought his company for $100,000,000+ with Issuu CEO Joe Hyrkin
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