The tech industry’s layoffs and hiring freezes: all of the news
See all Stories
R
After buying more than 50 companies, Bending Spoons prepares for an IPO.
If you’ve ever wondered what the hell is going on with Bending Spoons’ “buy, do layoffs, ????” strategy, perhaps the statement it filed Monday with the SEC for a public listing will explain.
Named for the scene in The Matrix, it’s pulled this move with brands including AOL, Vimeo, Meetup, Evernote, Eventbrite, Brightcove, WeTransfer, Filmic, and many others, hoovering up and leveraging their accumulated 500 million users, data, and 9 million monthly paying subscribers to raise more money for more acquisitions.
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Loading comments
Getting the conversation ready...
Most Popular
Most Popular
- OpenAI pauses training of its ‘most capable models’
- Apple hit with $5.7 billion in damages over haptic patents
- Control Resonant is a great game — it’s even better when you read everything
- Leaks reveal a new Apple HomePod mini, iPad mini, and Apple TV 4K
- Can Apple Home’s AI camera features outsmart Amazon’s and Google’s? I put them to the test
