--- title: The Pulse: Bending Spoons' Acquisition Strategy | daily.dev description: Bending Spoons acquired Airtable for $1.285B, below its $11B peak valuation, continuing a pattern of buying distressed but well-known software brands. The... canonical: https://daily.dev/posts/the-pulse-bending-spoons-acquisition-strategy-vsdybtryc twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: The Pulse: Bending Spoons' Acquisition Strategy | daily.dev og:description: Bending Spoons acquired Airtable for $1.285B, below its $11B peak valuation, continuing a pattern of buying distressed but well-known software brands. The... og:url: https://daily.dev/posts/the-pulse-bending-spoons-acquisition-strategy-vsdybtryc og:image: https://api.daily.dev/og/posts/VsDyBtRYc.png og:image:alt: The Pulse: Bending Spoons' Acquisition Strategy og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # The Pulse: Bending Spoons' Acquisition Strategy **[The Pragmatic Engineer](https://daily.dev/sources/pragmaticengineer)** · 12 min read · 0 upvotes · 0 comments ## Summary Bending Spoons acquired Airtable for $1.285B, below its $11B peak valuation, continuing a pattern of buying distressed but well-known software brands. The piece examines Bending Spoons' acquisition playbook: pay top cash for struggling products, fire most or all existing staff, migrate operations to their in-house European engineering team, re-architect for efficiency, then raise prices. The Evernote case is highlighted as a technical success story — migrating from 750 manually provisioned VMs running a Java 11 monolith to a cloud-native microservices setup in ~6 months. The bulk of the piece is an unpaywalled 2024 analysis of Hopin's collapse: from a $7.75B valuation to zero, how StreamYard was sold to Bending Spoons for ~$200M, why the board chose a buyer that would lay off everyone, and the broader lesson about the risks of raising too much venture capital. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Bending Spoons to buy Airtable for $1.28B](https://daily.dev/posts/bending-spoons-to-buy-airtable-for-1-28b-mbubvl0fb) · TechCrunch · 0 upvotes · 0 comments - [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 - [Bending Spoons prices IPO at up to $1.62 billion, targeting $19 billion Nasdaq valuation](https://daily.dev/posts/bending-spoons-prices-ipo-at-up-to-1-62-billion-targeting-19-billion-nasdaq-valuation-0kvh4fu5o) · The Next Web · 0 upvotes · 0 comments --- Tags: [#venture-capital](https://daily.dev/tags/venture-capital) [View this post on daily.dev](https://daily.dev/posts/the-pulse-bending-spoons-acquisition-strategy-vsdybtryc) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"The Pulse: Bending Spoons' Acquisition Strategy","url":"https://daily.dev/posts/the-pulse-bending-spoons-acquisition-strategy-vsdybtryc","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/the-pulse-bending-spoons-acquisition-strategy-vsdybtryc"},"datePublished":"2026-08-05T11:48:43.193Z","dateModified":"2026-08-09T16:01:25.729Z","description":"Bending Spoons acquired Airtable for $1.285B, below its $11B peak valuation, continuing a pattern of buying distressed but well-known software brands. 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