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Stock impact report

What is Bending Spoons? Everything to know about Eventbrite's acquirer [TechCrunch]

Eventbrite, Inc. Class A (EB) 
Last eventbrite, inc. class a earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: TechCrunch
The deal, announced Tuesday, marks the latest acquisition for the 12-year-old company that has quietly become one of the tech industry's most prolific buyers — despite remaining largely unknown to the general public. So what exactly is Bending Spoons? Despite its catchy name, the company has stayed remarkably under the radar, and it typically makes headlines only when it adds another recognizable brand to its portfolio — which now includes Evernote, WeTransfer, Meetup, and Streamyard, among others. But Bending Spoons isn't a traditional private equity firm or a pure financial investment vehicle. Its focus is on acquiring underperforming but popular tech brands, then transforming them to serve millions of users more efficiently. The company tends to make news when it restructures these acquired companies, often through significant layoffs , or makes controversial changes to beloved products — as it did with both Evernote and WeTransfer. Still, Bending Spoons itself remains lar Show less Read more
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