Italian holding company that acquires and revitalizes legacy tech brands, filed for a U.S. IPO at ~$20B valuation.
“He bought Evernote and he just goes in and he diagnoses these businesses. He's like, where are you overspending? Where are you underspending? What are you doing wrong with the product? And what are you doing wrong with marketing? And he just fixes it. And he's just a killer. And he's taken all of these, what were called web 2.0 businesses, and he's revitalized them, rolled them up and printing cash out of them.”
Source→“The Italian software roll-up Bending Spoons went out July 1 at $29 a share and saw its stock pop 40% in its debut, before falling back to $32.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.