There is no spoon—at least not on the stock market. Until now.
Bending Spoons has filed for an initial public offering. The Italian company, based in Milan, is somewhat secretive, but owns several high-profile brands, including AOL, Vimeo, and Eventbrite.
Bending Spoons takes its name from a scene in the film The Matrix, in which a character is asked to bend a spoon with their mind. Now, the question is whether the IPO could bend the markets to raise some serious funding.
As for what it actually does? “Our Playbook would be simple: acquire digital businesses, implement deep transformations and ongoing optimizations to sustainably expand earnings, and reinvest in additional acquisitions, thereby continuing the compounding cycle,” the S1 filing document reads. And that appears to be the play going forward.
“We see a vast opportunity ahead,” the filing continues. “We’ve identified more than 1,000 digital businesses (both private and public) that could be attractive acquisition targets in the future, representing nearly $400 billion in aggregate estimated annual revenue in 2025. With AI as a potentially powerful tailwind, we believe we’re well positioned to grow for years to come.”
The filing also says that the company brought in $1.31 billion in revenue during 2025, up from $387 million in 2023, with most of it sourced from subscription revenue. All told, it claims more than one billion registered users across its multiple properties, with more than 7 million paying customers.
Bending Spoons’ IPO looks to come amid an all-out flurry of listing activity. The markets are awaiting what is the highest-profile IPO in years with SpaceX, and Anthropic also recently announced IPO plans. OpenAI could announce one soon, too. Additionally, other companies—such as Alphabet and Meta—have also announced or floated capital-raising plans.
In all, the markets have momentum, and companies are looking to capitalize. Investors of all stripes are looking to get in on the action too, it seems—and not merely those looking to capitalize on the AI gold rush.
“The IPO market is much broader than just one or two themes,” said Arnaud Blanchard, Global Co-Head of Equity Capital Markets at Morgan Stanley, in a recent analysis. “There is strong demand from a diverse investor base: Growth investors, value investors, income-focused investors and sector specialists—all contributing to demand.”
