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title: Eventbrite and Vimeo owner Bending Spoons files to go public
description: Italian app studio Bending Spoons has filed to go public in the U.S., potentially seeking a $20 billion valuation. The company, known for acquiring distressed...
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og:description: Italian app studio Bending Spoons has filed to go public in the U.S., potentially seeking a $20 billion valuation. The company, known for acquiring distressed...
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# Eventbrite and Vimeo owner Bending Spoons files to go public

**[TechCrunch](https://daily.dev/sources/tc)** · 2 min read · 0 upvotes · 0 comments

## Summary

Italian app studio Bending Spoons has filed to go public in the U.S., potentially seeking a $20 billion valuation. The company, known for acquiring distressed tech brands like Eventbrite, Vimeo, WeTransfer, Evernote, and AOL, reports 500 million monthly active users and 9 million paying subscribers. It posted $1.31 billion in revenue for the prior year and $601 million in Q1 2026, a 132% year-on-year increase, with $27.4 million in Q1 profit. Subscriptions account for 84% of revenue. The company's strategy involves acquiring underperforming properties, cutting teams, and driving profitability through subscription models.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/06/08/eventbrite-and-vimeo-owner-bending-spoons-files-to-go-public>

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- [What is Bending Spoons? Everything to know about Eventbrite’s acquirer](https://daily.dev/posts/what-is-bending-spoons-everything-to-know-about-eventbrite-s-acquirer-djb8unieg) · TechCrunch · 0 upvotes · 0 comments
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