Bending Spoons' playbook: acquire established product, gut the team, run it on fumes with skeleton crew + AI tooling. They did this with Evernote, Meetup, now Vimeo. Classic private equity move dressed up as a tech company. Extract value, minimize costs, ride the brand until it dies.
fnands|1 month ago
Kinda, more like a tech company using private equity tactics. Say what you want about them, but they do actually employ decent engineers, and the founders are all engineers.
They seem to fundamentally understand the companies they are buying (not always the feeling I get with PE).
Their business model is a bit cynical, but I would still consider them a tech company.
Ekaros|1 month ago
Tech company is company with marginal unit costs. Bending Spoons aims these and then optimize them further.
Startup or VC, search "growth" and user acquisition. Usually in something with marginal unit costs.
Just because someone stops spending money on chasing growth does not mean they still don't have unit economics of tech companies.