Bending Spoons Files for US IPO — Owner of Eventbrite, Vimeo and WeTransfer Bets on Subscriptions

Friends, sharing an app and IPO update.
Bending Spoons has filed for a US IPO. The company owns Eventbrite, Vimeo and WeTransfer and reports 500M+ MAU and 9M paying users.

Key points:
- FY revenue $1.31B; Q1 revenue $601M (up 132% YoY); Q1 profit $27.4M.
- Subscriptions generate 84% of revenue; 50+ acquisitions as assets shift to paid models.
- Valuation rose from $2.8B in 2024 to $11B last year; IPO target discussed up to $20B; major investors include Baillie Gifford, Cox, Durable, Fidelity.

Why it matters: aggregation and subscription focus enable rapid monetization scaling.

How do you assess the outlook for this strategy as a public company?

#BendingSpoons #IPO #apps #subscriptions