Bending Spoons, owner of AOL and Eventbrite, files for IPO https://www.axios.com/2026/06/08/bending-spoons-ipo-aol
First-quarter net income hit $27.5 million, reversing previous losses.
Bending Spoons, owner of AOL and Eventbrite, files for IPO https://www.axios.com/2026/06/08/bending-spoons-ipo-aol
Positive users praise Bending Spoons' scale reviving legacy brands and its profitable anti-hype acquisition model ahead of the IPO, while some criticize subscription price hikes after buying products like Evernote.
Bending Spoons has just filed for a US IPO.
In the first 3 months of this year it recorded $600m of revenue and $27.5m of profit.
The Italian company is known for buying smaller, struggling tech companies and turning them into cash generating businesses.
It's acquired AOL, Vimeo, Hopin, WeTransfer and Evernote as well as others.
Last year it announced raising $270m at an $11bn valuation, a day after announcing $2.8bn in debt financing.
Today it filed to IPO in the US under the symbol BSP!
This is HUGE as it's one of the first European companies taking advantage of the open IPO window.
Who is next?

@SebJohnsonUK $600m top line but only $27m of profits? For software hold co?
That seems much too low. Shouldn’t profits on that top line be more like 4-5x higher?
Thx

I'm going on @MTSlive with @gbrl_dick this evening to chat all about it so TUNE IN

@SebJohnsonUK 👀

@SebJohnsonUK Hope it performs more like $CSU.TO and less like $TINY.TO 🙏🏼

@SebJohnsonUK They acquired StreamYard from Hopin.
Ringcentral acquired Hopin

@SebJohnsonUK the bending spoons model is basically the anti-hype trade. no moonshot, just buy unloved software cheap and run it for cash. in a tape paying 40x for ai narrative theres something refreshing about a roll-up that actually prints profit

@Compounds365 @SebJohnsonUK Recent acquisitions must have driven the margin lower.
It operates at ~50% ebitda margin

@SebJohnsonUK have u thought about buying a taxi company?

@Compounds365 @SebJohnsonUK Acquisitions and debt servicing are expensive I suppose

It is wild to see the sheer scale Bending Spoons has reached by breathing new life into these legacy digital brands. Bringing household names like AOL, Eventbrite, and Vimeo under one massive public umbrella is going to be a fascinating case study for the tech industry.
#TechIPO #BendingSpoons

@TechCrunch bending spoons going public after swallowing eventbrite and vimeo is the quietest consolidation story nobody talks about

@TechCrunch This tracks. Broadcast networks preparing coverage.

@axios From buying brands to going public. Big milestone for Bending Spoons.

@TechCrunch Evernote user until it was acquired by Bending Spoons and suscription skyrocketed. What a shame.

@axios Often, the most dangerous voices usually seem harmless at first . Until fear becomes anger, and that anger becomes something far worse.
First-quarter net income hit $27.5 million, reversing previous losses.
Bending Spoons, owner of AOL and Eventbrite, files for IPO https://www.axios.com/2026/06/08/bending-spoons-ipo-aol