Eventbrite Owner-to-Be Bending Spoons Prefers to 'Hold Forever' -- Market Talk

Dow Jones12-03

1756 ET - Bending Spoons may not be a household name in the U.S. (it's not a kitchenware company) but it continues to build a stable of prominent brands. Its roughly $500 million Eventbrite deal follows the $1.38 billion purchase of Vimeo and an agreement to buy AOL from Apollo Global Management. Italy-based Bending Spoons "aims to hold forever, and has never sold an acquired business." Bending Spoons bought Evernote in 2023, Meetup in 2024 and Brightcove in February. In October, Bending Spoons said it raised $710 million in equity at a pre-money valuation of $11 billion. Meanwhile, Eventbrite surged 79% to $4.43 on Tuesday. The company priced its IPO at $23 a share in 2018.(josh.beckerman@wsj.com)

(END) Dow Jones Newswires

December 02, 2025 17:56 ET (22:56 GMT)

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