IPO
3 published articles
IPO & Turnarounds: Old Tech's Second Act
Faded tech just got a premium: Bending Spoons' 40% IPO run
Bending Spoons jumped 40% on its first trading day, driven by a portfolio of fading apps from AOL to Evernote that it buys and revamps. The market is paying up for familiar names, but user resistance and brand erosion remain the risks the model cannot fully control.
2026-08-03
Strategy
Bending Spoons' playbook: Buy old tech, make it new, and bet on 'refreshing'
Bending Spoons' 40% IPO surge highlights a rising strategy: buying old tech brands and revamping them. But the refresh model is risky, brand equity can erode, and loyal users may resist change.
2026-08-02
IPO
Lime's IPO raised $167 million. That might just be enough to keep the scooters running.
Lime raised $167 million in its IPO, selling 6.68 million shares at $25 apiece. The company, backed by Uber, now trades on the Nasdaq under "LIME" at a valuation of approximately $1.66 billion, but its $1 billion in liabilities means the test is just beginning.
2026-07-04