Vimeo
Vimeo, Inc.: An American SaaS company providing HD video hosting, editing tools, and enterprise solutions to 1.6M subscribers.
Founded
2004Vimeo, Inc.: An American SaaS company providing HD video hosting, editing tools, and enterprise solutions to 1.6M subscribers.
Bending Spoons, an Italian holding company, acquires struggling software firms like Airtable and Miro at steep discounts, leveraging Berkshire Hathaway’s $900M+ investment. The company, inspired by Berkshire’s long-term strategy, prioritizes operational efficiency and profitability over resale, unlike traditional private equity. Recent layoffs at acquired firms reflect its cost-cutting approach amid the AI-driven 'SaaSpocalypse,' where legacy software faces declining valuations. Revenue surged to $700M in Q2 2026, driven by acquisitions, though long-term customer retention remains critical as AI reshapes the sector.
Oct 2026 · CNBC TechNews article
Berkshire Hathaway adds $330M to its investment in Bending Spoons, bringing its stake to 4% after investing $600M during the company’s July IPO. Shares in the conglomerate, which owns AOL and Vimeo, jump more than 50% following the expanded investment by the Nebraska asset manager.
Oct 2026 · Financial TimesNews article
Bending Spoons acquires and transforms established digital businesses, including Vimeo, Evernote, WeTransfer, and Meetup. Its portfolio has served more than a billion people, with over 300 million monthly active users and 10 million paying customers. The Milan-based company changes products, pricing, technology, and staffing after acquisitions, with layoffs and tighter free-plan limits reported at several brands; it says it aims to hold acquired businesses forever and has never sold one.
Jul 2026 · TechCrunchNews article
Bending Spoons, the Milan-based tech conglomerate, acquires popular digital businesses and changes their products, pricing, technology, and staffing. Its portfolio includes Evernote, WeTransfer, Meetup, Vimeo, and other brands, with products serving more than a billion people and over 300 million monthly active users. The company announces a roughly $500 million acquisition of Eventbrite, which faces a shareholder lawsuit, and reaches an $11 billion valuation after a $270 million funding round.
Dec 2025 · TechCrunchNews article