[supoxblade]

Here's the rub: Vimeo was profitable, and had no debt. Per their last public filing(s), in 2025 the company had: - ~$400M expenses - ~$420M revenue (therefore ~$20M profit for the year) - ~$300M of cash in the bank (no debt)

Vimeo has not had major growth in recent years, but it was making progress, however slowly. Just nowhere near the 10x expectations out there. Nobody was going to lose anything.

[makeitrain]

For a company that makes a flat $20 mil per year, how long will it take to make back the $1.4 billion they paid for it?

[Nextgrid]

Presumably Bending Spoons believes they can optimize a lot of that 400M expenses while keeping revenue flat or even growing it. At least they believe enough to make a 1.4B bet on it.