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
An existing Zipline backer is negotiating to lead the round that reprices it at $20bn
Bloomberg reports Zipline is in early talks for about $1bn at roughly $20bn, with Paradigm, a shareholder since March, in line to lead. That is 2.6 times the $7.6bn its Series H set in January.
Reality
- Evidence42
- Adoption52
- Hype gap+30
- Incentives72
- Confidence45
Runway's ARR doubled to $200M in five months, driven by enterprise growth
The revenue Runway names is advertising and marketing production, and the Paris robotics team it just absorbed has produced none of it, which makes world models an option that ad money is currently funding.
Reality
- Evidence33
- Adoption62
- Hype gap+41
- Incentives74
- Confidence47
Oura's $3B IPO asks $16B for a business where four fifths of revenue is still hardware
The 45% markup in eleven months is measured off October's $11B round. Membership at $5.99 covers roughly a fifth of forecast 2026 sales, and the draft filing carries no audited numbers.
Reality
- Evidence34
- Adoption62
- Hype gap+38
- Incentives72
- Confidence40
Goldman Sachs and Intel are funding a company whose founder says broadcast-quality video fell from $100,000 to $500 a minute. The enterprise revenue mix is the part to read closely.
Perspective Coverage
3 publishers
- Builder
- Builder 27%
- Operator
- Operator 38%
- Investor
- Investor 35%
Reality
- Evidence44
- Adoption57
- Hype gap+33
- Incentives74
- Confidence56