Berkshire Hathaway agreed to buy 10 million new Bending Spoons shares at $33, a $330 million private placement that lifts its stake to 4%. CNBC reported the shares rose 35% on the filing, so the $33 price was set before the market reacted.
Perspective Coverage
8 publishers
- Builder
- Builder 9%
- Operator
- Operator 22%
- Investor
- Investor 69%
Reality
- Evidence72
- Adoption
- Not scored
- Hype gap+15
- Incentives50
- Confidence74
Bending Spoons paid 2.7x ARR for Airtable and 2.3x for Miro, SaaStr says
Bending Spoons paid 2.7 times ARR for Airtable and 2.3 times for Miro, signed 37 days apart, according to SaaStr. SaaStr calls it a likely caller for mid-sized B2B software companies, but two deals from one buyer are a thin benchmark.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+20
- Incentives
- Not scored
- Confidence50
Bending Spoons has bought two of the decade's better-known B2B software brands inside about a month, and in both the cash the companies had banked went back to sellers at face value while the growth rate moved the price.
Perspective Coverage
6 publishers
- Builder
- Builder 10%
- Operator
- Operator 38%
- Investor
- Investor 52%
Reality
- Evidence66
- Adoption52
- Hype gap+20
- Incentives58
- Confidence63
Bending Spoons fixes more than 100 Vimeo bugs after complaints about slow performance
Bending Spoons says it has fixed more than 100 Vimeo bugs and shipped over 50 improvements since its $1.38 billion purchase of the platform. Teams running corporate video can build on what has shipped, but headcount and pricing are still open questions.
Reality
- Evidence35
- Adoption
- Not scored
- Hype gap+10
- Incentives75
- Confidence40
Bending Spoons buys Miro at about 2.3 times its recurring revenue
Bending Spoons is buying its second discounted collaboration platform in five weeks. Some Miro shareholders are putting part of their proceeds into stock of a buyer the public market has just marked up.
Reality
- Evidence55
- Adoption62
- Hype gap+12
- Incentives70
- Confidence52