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Milan-based Bending Spoons, which buys and seeks to revitalize tech brands like AOL, raised $710M led by T. Rowe Price at an $11B pre-money valuation

Bending Spoons, an Italian holding company that buys and seeks to revitalize tech brands like AOL, on Thursday announced a $710 million equity raise …

Axios Sara Fischer

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Discussion

  • @caseynewton Casey Newton on bluesky
    Bending Spoons buys dying tech brands and jacks up their prices to maximize pain for their remaining customers.  It is the final stage of enshittification before death [embedded post]
  • @kosso.co.uk @kosso.co.uk on bluesky
    Bending Spoons recently bought video platform Vimeo for $1.38B.