Bending Spoons, owner of Vimeo and AOL, files for U.S. IPO

Bending Spoons' IPO filing signals a strategy focused on using public capital to fuel further acquisitions and grow its digital asset portfolio. For the streaming ecosystem, this IPO could create a more aggressive acquirer of niche video platforms, potentially consolidating fragmented segments. Investors should watch Bending Spoons' post-IPO acquisition activity and how its integration strategy impacts the acquired companies' product development and market position.

Bending Spoons' IPO target valuation is reportedly around $20 billion, nearly double its $11.7 billion valuation from a funding round eight months prior (TechCrunch, June 2026). The company's recent Q1 2026 profit of $27.5 million on $601 million revenue, compared to a net loss of $112.2 million on $259 million revenue a year earlier, indicates improving financial performance (Channel News Asia, June 2026). Bending Spoons typically acquires underperforming digital assets, trims staffing, and re-optimizes them for profitability through subscription models (TechCrunch, June 2026). This strategy has seen the company make over 50 acquisitions, including Meetup, Brightcove, Komoot, and Evernote (The Verge, June 2026). The decision to list in the U.S. on Nasdaq, rather than in Europe, highlights the deeper capital pools and higher valuations available in American markets for tech companies (The Next Web, June 2026). Investment firms like Baillie Gifford, Cox Enterprises, Durable Capital Partners, and Fidelity hold significant stakes (TechCrunch, June 2026). The company's CEO, Luca Ferrari, along with two co-founders, will maintain control through a special class of shares (The Next Web, June 2026).