Announcement
Berkshire Hathaway Invests Additional $330M in Bending Spoons
A post says the $330 million follows Berkshire Hathaway's $600 million investment at Bending Spoons' July IPO.
TLDR
A post says Berkshire Hathaway invested another $330 million in Bending Spoons after putting in $600 million at its July IPO, bringing its investment to nearly $1 billion for 4% of the company. Barron's describes Bending Spoons as pricey growth equity and the buy as a departure from Berkshire's traditional strategy of purchasing value stocks.
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