Bending SpoonsBSP

“Bending Spoons laying off basically all of Air Table. Um not a surprise, right? But man, I mean, I wrote this when it happened and no one cared... when you sell your company to Betting Spoons, you just got to realize your entire team's going to be gone.”

Discussion centers on Bending Spoons' pattern of acquiring companies and laying off most of their workforce within weeks.

“at a great multiple, you look at Bending Spoons average like 2x revenue multiple that they that they pay when they buy something which is making like 4 to500 million revenue. It's it's a disaster for the investors who were involved.”

Criticized for paying only 2x revenue multiples on acquisitions of profitable companies, resulting in significant losses for investors.

“In some ways, are you becoming like the productivity version of bending spoons because every like three months you seem to buy another productivity tool... I have enormous respect for Benny Spoons. I think they're doing uh amazing work.”

Bending Spoons is discussed substantively as a competitor in the acquisition space with comparable strategies but different approaches, without clear positive or negative judgment.