Italy's Bending Spoons, Owner of AOL and Vimeo, Files For Nasdaq IPO (techcrunch.com)
- Reference: 0183662224
- News link: https://slashdot.org/story/26/06/08/1623233/italys-bending-spoons-owner-of-aol-and-vimeo-files-for-nasdaq-ipo
- Source link: https://techcrunch.com/2026/06/08/eventbrite-and-vimeo-owner-bending-spoons-files-to-go-public/
> In its filing with the Securities and Exchange Commission, Bending Spoons said it ended the year with $1.31 billion in revenue and has generated $601 million in Q1, a 132% year-on-year jump. The company gets the majority of its revenue from subscriptions, which account for 84% of its business. It generated $27.4 million in profit in Q1 2026. The company raised funding at an $11 billion valuation last year, up from $2.8 billion in 2024. In April, Reuters reported that the company could seek a $20 billion valuation with the IPO.
[1] https://www.bendingspoons.com/
[2] https://news.slashdot.org/story/25/12/04/1751254/bending-spoons-buys-eventbrite-for-500-million
[3] https://slashdot.org/story/26/01/23/0757223/almost-everyone-laid-off-at-vimeo-following-bending-spoons-buyout
[4] https://slashdot.org/story/24/09/09/1046203/bending-spoons-plans-to-cut-75-of-wetransfer-staff-after-acquisition
[5] https://tech.slashdot.org/story/24/10/28/1850228/private-equity-hipsters-are-coming-for-your-favorite-apps
[6] https://slashdot.org/story/25/10/29/1631223/aol-to-be-sold-to-bending-spoons-for-roughly-15-billion
[7] https://techcrunch.com/2026/06/08/eventbrite-and-vimeo-owner-bending-spoons-files-to-go-public/
I don't like bending spoons, but... (Score:3)
They grew slowly, and they mostly snapped up things that were probably not long for this world and somehow has kept every single one of them alive rather than bringing use Vimeo-branded refrigerators.
They'll probably somehow be okay.
Re: (Score:3)
They've actually done a good job reviving moribund Evernote.
Like their model or not, they don't just sit on their legacy assets. They invest in them.
Everyone using slahshdot is old (Score:1)
If you haven't been a manager for 15 years at this point, your career has stalled out.
Re: (Score:3)
Some of those things are probably profitable if they can gut most of the staff and centralize the maintenance work while cashing the cheques from old people who signed up and keep paying. AOL has been coasting on that for decades already, so it's little wonder they and similar sites have wound up on the island of misfit internet companies. They're not making very much money for the valuation they're after though. The notion that the dozens of millions in profit will be able to turn into hundreds of millions
Re: (Score:2)
Yea, as a non-finance expert I do question the valuation when they spend 98.2% of their revenue on operating expenses.
AOL Still Exists? (Score:3)
I though I took a long time to close my AOL zombie account, and that was in the 90s.
Re: (Score:2)
Oh trust me it's dead. AOL is nothing more than a pointless news aggregator.
Re:AOL Still Exists? (Score:4, Funny)
> Oh trust me it's dead. AOL is nothing more than a pointless news aggregator.
Kettle: Pot.
Re: (Score:2)
BendingSpoons will gladly offer you a paid subscription for your free account.
Horrible customer support (Score:3)
My father has been locked out of his email account since last month. Multiple calls to support and now a second ticket for support have gone nowhere. They're a bunch of script kiddies repeating the same things over and over and never listening to what is being said.
The issue is on AOL's end, but they refuse to acknowledge it, let alone do anything.
Based on this experience, no way I'd buy company stock. With that kind of bad service, people will be leaving.
Before Trump's America First! (Score:1)
I'm surprised we sold to a French company?! How does that make sense? The AOL stands for America on Line! We we? Here's ai Google enlightening me... You said: time warner owned AOL last i checked, then NBC Comcast bought Time Warner. so Comcast NBC should own AOL. isn't that correct? time warner owned AOL last i checked, then NBC Comcast bought Time Warner. so Comcast NBC should own AOL. isn't that correct? +9 AOL and Time Warner did merge in 2000, but the companies separated years ag
Well, that explains a lot. (Score:2)
Evernote was, for the first many years of its life, the AMG Mercades of note taking apps. It was fast, robust, reliable, feature-rich, and pleasant to use. Then, about five years ago or so, for some reason they decided to... well... to start sucking ass. They released a disasterous new version that is slow, bloated, and buggy; while stripping out quite a lot of the features it used to have. If it were a car now, Evernote would now be an old Fiat Panda with rusted out floorboards and an engine won't get
Re: Well, that explains a lot. (Score:1)
This is true but to be fair Evernote did that without BendingSpoons. The subscription price, on the other handâ¦
So basically (Score:4, Funny)
Bending Spoons is a farm up North where brands you haven't heard of in a while can go to run and play.
Glad they got all that stuff in one place. (Score:3)
Easier to avoid.
Re:Glad they got all that stuff in one place. (Score:5, Informative)
Vimeo is and was pretty interesting. They were hosting high res videos like this [1]https://vimeo.com/18280328 [vimeo.com] before youtube
[1] https://vimeo.com/18280328
Re: (Score:2)
> Vimeo is and was pretty interesting. They were hosting high res videos like this [1]https://vimeo.com/18280328 [vimeo.com] before youtube
Sad. Really thought that'd be a Vimeo version of: [2]https://www.youtube.com/watch?... [youtube.com]
[1] https://vimeo.com/18280328
[2] https://www.youtube.com/watch?v=Aq5WXmQQooo