Why ‘hold forever’ investors are snapping up venture capital ‘zombies’
Italian company Bending Spoons flew largely under the radar — until last month. In a span of 48 hours, the company announced the acquisition of AOL and a massive $270 million raise, quadrupling its valuation to $11 billion, up from $2.55 billion set in early 2024. Bending Spoons has grown rapidly by acquiring stagnating tech…
