this post was submitted on 12 Apr 2026
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57
What is Bending Spoons? The little-known firm behind Vimeo's sweeping layoffs (techcrunch.com)
submitted 19 hours ago* (last edited 19 hours ago) by brianpeiris@lemmy.ca to c/technology@lemmy.world
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The layoffs are the latest restructuring by Bending Spoons, the Milan-based tech conglomerate that acquired Vimeo for $1.38 billion in an all-cash deal that closed in the latter half of 2025. While Bending Spoons may be unknown to many, it has quietly become one of the tech industry’s most prolific buyers, now owning Meetup, WeTransfer, Eventbrite, and many others.

Bending Spoons identifies a popular product it thinks it can improve inside and out, and buys it from owners who have reached their limits.

After the acquisition, Bending Spoons is anything but a passive owner, making changes to the products’ user experience and features, as well as to the underlying tech; monetization strategy, including pricing; and team organization, including headcount.

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[–] glimse@lemmy.world 6 points 7 hours ago

...I get that it ties up the has-been thread you started in the first paragraph but The Matrix isn't a once-great movie. It's still great lol