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With 1,000s of rumored dead unicorns I asked Luca Ferrari what Silicon Valley gets wrong about building & managing companies “When investors are incentivized by managing as much capital as possible, as opposed to actually delivering strong returns, & when returns are primarily delivered through exits where all that matters is the multiple, not actually the cash that the business will generate in the long run.. then you will get hype cycles.”
Molly O’Shea@MollySOShea9h ago
BREAKING: Bending Spoons 🥄 is Eating Silicon Valley FULL INTERVIEW CEO Luca Ferrari (@luke10ferrari) $BSP is quickly becoming tech’s buyer of choice. They look at 100s of companies a year & buy 5-10. Airtable, AOL, Vimeo, Eventbrite, Evernote, WeTransfer, Tractive, & now Miro under agreement. Why? @bendingspoons spent a decade building 50+ proprietary tools in-house. Every company they acquire gets rebuilt on top of them.. & it's working. Spoon Stats: › 500M+ monthly active users › 9M+ paying customers › ~$100M/year in est. savings from internal technology › 800K job applications (~286 hires in 2025) › 50+ acquisitions › 50+ proprietary internal tools › 3,000+ experiments last year › 95% of code written by AI › 2–3X more productive, according to Luca Part II of our Bending Spoons series, from Milan HQ Check out Part I: HQ Tour with Luca + Sit down interviews w/ Co-Founders Francesco & Matteo, + GM of AOL Valentina 𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒 (00:00) Luca Ferrari, Co-Founder & CEO, Bending Spoons (00:45) The deal that broke the Internet (03:41) Why Silicon Valley overspends on Hype (07:35) Half a billion monthly active users (16:17) What makes a company worth buying (20:07) Inside the platform powering every product (32:16) Debunking the Private Equity comparison (38:23) $4 Million in revenue, per employee (43:44) The secret to zero churn (47:40) The one value that defines Bending Spoons (51:52) The AI tool every Spooner uses (57:58) Going Independent from the AI labs (59:02) Have we actually reached AGI? (1:08:05) The AI question nobody's asking (1:12:54) Luca's next big bet
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