Bending Spoons Isn’t a Product Company. It’s a Private Equity Firm That’s Flipping Your Favorite Dead Apps.
Bending Spoons isn’t a product company – it’s a private equity firm disguised as software. By buying distressed, over-funded apps like Evernote, AOL, and Vimeo and restructuring them for long-term profitability with patient capital, they’ve built a model that challenges the VC growth-at-all-costs dogma. Here’s the surprising truth behind the obscure Italian owner of your favorite dead apps.