Bending Spoons buying Airtable for $2.2B

5 hours ago

Bending Spoons acquires Airtable for $1.28 billion in cash, its first acquisition since going public.
Airtable, founded in 2013, raised over $1.4 billion with a peak valuation of $11 billion in 2021.
Airtable's valuation dropped to $4 billion earlier this year; net cash adjusted value now $2.25 billion.
Airtable has $480 million annual recurring revenue as of June 2026, growing 20% year-over-year.
Airtable launched Superagent in January, an AI orchestration platform, serving 500,000+ organizations.
Bending Spoons acquires undervalued companies, cuts costs, and aims for profitability.

Bending Spoons agreed to acquire Airtable for $1.285 billion in an all-cash deal, marking its first acquisition since its Nasdaq IPO.
Airtable offers a no-code platform combining spreadsheet and database capabilities for business applications.
Bending Spoons has a strategy of acquiring and restructuring digital businesses, similar to private equity, and has previously bought AOL and Eventbrite this year.

Bending Spoons went public on Nasdaq, briefly surpassing $25 billion market cap, double its previous $11 billion private valuation.
The company acquires and holds digital brands like Meetup, Eventbrite, WeTransfer, focusing on financial improvement through tech, AI, price hikes, and layoffs.
It serves over 500 million monthly active users and 9 million monthly paying customers as of March 2026, with $1.31 billion revenue in 2025.

Bending Spoons, an Italian company known for acquiring struggling internet brands, went public on Nasdaq with an $18 billion valuation, and its stock rose 40% on the first day.
The company focuses on transforming acquired companies like Meetup, Eventbrite, Vimeo, and Evernote using technology and AI, rather than flipping them for quick sales.
Bending Spoons has faced controversy over layoffs but claims to drive revenue growth through AI, with revenue per employee increasing significantly from 2023 to 2026.

Revenue was $90.0 billion, up 18% (17% in constant currency); operating income $40.6 billion, up 18%; net income $35.8 billion (GAAP) up 31%; diluted EPS $4.81 (GAAP) up 32%.
Non-GAAP net income was $35.3 billion, up 22%; non-GAAP diluted EPS $4.74, up 23%, excluding impacts from OpenAI investments.
Microsoft Cloud revenue reached $59.3 billion, up 27%; commercial remaining performance obligation increased 84% to $678 billion.

CollectWise is a Y Combinator-backed startup using generative AI to automate debt collection in the $35B US market.
The company's AI agents are outperforming human collectors by 2x at a lower cost.
With a team of five, CollectWise scaled to a $2 million annualized run rate quickly and aims to reach $10 million ARR.

Bending Spoons agreed to acquire Airtable for $1.285 billion in an all-cash deal, marking its first acquisition since its Nasdaq IPO.
Airtable offers a no-code platform combining spreadsheet and database capabilities for business applications.
Bending Spoons has a strategy of acquiring and restructuring digital businesses, similar to private equity, and has previously bought AOL and Eventbrite this year.

Bending Spoons went public on Nasdaq, briefly surpassing $25 billion market cap, double its previous $11 billion private valuation.
The company acquires and holds digital brands like Meetup, Eventbrite, WeTransfer, focusing on financial improvement through tech, AI, price hikes, and layoffs.
It serves over 500 million monthly active users and 9 million monthly paying customers as of March 2026, with $1.31 billion revenue in 2025.

Bending Spoons, an Italian company known for acquiring struggling internet brands, went public on Nasdaq with an $18 billion valuation, and its stock rose 40% on the first day.
The company focuses on transforming acquired companies like Meetup, Eventbrite, Vimeo, and Evernote using technology and AI, rather than flipping them for quick sales.
Bending Spoons has faced controversy over layoffs but claims to drive revenue growth through AI, with revenue per employee increasing significantly from 2023 to 2026.

Revenue was $90.0 billion, up 18% (17% in constant currency); operating income $40.6 billion, up 18%; net income $35.8 billion (GAAP) up 31%; diluted EPS $4.81 (GAAP) up 32%.
Non-GAAP net income was $35.3 billion, up 22%; non-GAAP diluted EPS $4.74, up 23%, excluding impacts from OpenAI investments.
Microsoft Cloud revenue reached $59.3 billion, up 27%; commercial remaining performance obligation increased 84% to $678 billion.

CollectWise is a Y Combinator-backed startup using generative AI to automate debt collection in the $35B US market.
The company's AI agents are outperforming human collectors by 2x at a lower cost.
With a team of five, CollectWise scaled to a $2 million annualized run rate quickly and aims to reach $10 million ARR.

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