7 hours ago - Business

Bending Spoons, owner of AOL and Eventbrite, files for IPO

Dan Primack

Illustration of golden spoons bent at different angles to form a dollar bill sign. — Illustration: Aïda Amer/Axios

Bending Spoons, an Italian holding company that buys and seeks to revitalize legacy tech brands, on Monday filed for a U.S. IPO that could fetch around a $20 billion valuation.

Why it matters: This would be a return to the public markets for AOL, Eventbrite, and Vimeo, all now owned by Bending Spoons.

Zoom in: Bending Spoons was founded in 2013 with a name inspired by a scene in "The Matrix" when Keanu Reeves' character learns to bend spoons with his mind.

It reports $1.31 billion in 2025 revenue, up 95% year-over-year, with the vast majority coming from subscriptions.
Large shareholders include Baillie Gifford.

The latest: It booked $601 million in Q1 revenue. Goldman Sachs, JPMorgan and Allen & Co. are lead bookrunners on the IPO.

The bottom line: SpaceX isn't sucking all the oxygen out of the IPO market.

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Bending Spoons, owner of AOL and Eventbrite, files for IPO

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