What is Bending Spoons? The little-known AOL and Vimeo owner that’s now public

Milan-based Bending Spoons went public on Nasdaq and briefly topped a $25 billion market cap, far above its last private valuation. The company owns brands including AOL, Vimeo, Meetup, Eventbrite, WeTransfer, Evernote, and Issuu, and says its portfolio reaches over 500 million monthly active users and 9 million paying customers.

Bending Spoons is testing whether a centralized, AI-driven operating model can revive mature consumer internet products at scale. Its strong IPO suggests investors see value in turnaround tech conglomerates, though layoffs, price increases, and user backlash remain key risks.