What podcasts say about Bending Spoons
Every statement, with the speaker, the exact quote and the moment it was said.
What experts have said about Bending Spoons
36 statements · 17 positive · 8 negative · 5 mixed · 6 neutral
Bending Spoons should use equity tactically as a public company.
“using equity tactically here and there could be a good Good idea.”
Open the episode · Luca Ferrari, Bending Spoons CEO: The $40K Origin Story, Buying Product-Market Fit & Why Private Equity Can't CompeteListen at 9:52
Bending Spoons’ historical unlevered returns consistently exceeded 25%.
“Our returns unlevered historically have been pretty high, consistently above 25%”
Open the episode · Luca Ferrari, Bending Spoons CEO: The $40K Origin Story, Buying Product-Market Fit & Why Private Equity Can't CompeteListen at 11:31
Replicating Bending Spoons’ operating model is difficult and time-consuming.
“it's really painful and time-consuming to replicate what we've built”
Open the episode · Luca Ferrari, Bending Spoons CEO: The $40K Origin Story, Buying Product-Market Fit & Why Private Equity Can't CompeteListen at 12:33
Bending Spoons will face competition but remain optimistic about its position.
“I think we will face competition, but I'm pretty optimistic.”
Open the episode · Luca Ferrari, Bending Spoons CEO: The $40K Origin Story, Buying Product-Market Fit & Why Private Equity Can't CompeteListen at 13:09
Bending Spoons prefers businesses with earnings predictable for five or six years.
“we like businesses where we are pretty confident we can project at least the next 5 or 6 years directionally.”
Open the episode · Luca Ferrari, Bending Spoons CEO: The $40K Origin Story, Buying Product-Market Fit & Why Private Equity Can't CompeteListen at 15:51
Customer-facing synergies could become an additional value-creation source.
“what you are describing could become an additional value creation, uh, uh, dimension.”
Open the episode · Luca Ferrari, Bending Spoons CEO: The $40K Origin Story, Buying Product-Market Fit & Why Private Equity Can't CompeteListen at 17:21
Customer synergies contributed about 3%; operational excellence created most value.
“it's helped, uh, 3%, but not like the bulk of it has been bringing 10 out of 10 excellence in operations, product, monetization, uh, technology on an individual business basis.”
Open the episode · Luca Ferrari, Bending Spoons CEO: The $40K Origin Story, Buying Product-Market Fit & Why Private Equity Can't CompeteListen at 17:32
Bending Spoons attracts talent by offering varied projects across acquired companies.
“we have a big advantage in attracting talent because if you work at Bennis Films, it may be one of the very few places in the world where you can spend, say, 1 year rebuilding the, uh, email infrastructure for AOL and then 7 months helping, uh, rethink, uh, subscriptions on Vimeo”
Open the episode · Luca Ferrari, Bending Spoons CEO: The $40K Origin Story, Buying Product-Market Fit & Why Private Equity Can't CompeteListen at 19:28
Bending Spoons plans to hire many employees in the United States next year.
“We will be hiring people, plenty of people in the States, I think, starting next year.”
Open the episode · Luca Ferrari, Bending Spoons CEO: The $40K Origin Story, Buying Product-Market Fit & Why Private Equity Can't CompeteListen at 20:17
Bending Spoons is the best-scaled technology example of this acquisition model.
“I think you're the best scaled example.”
Open the episode · Luca Ferrari, Bending Spoons CEO: The $40K Origin Story, Buying Product-Market Fit & Why Private Equity Can't CompeteListen at 23:58
Mizuho raised Bending Spoons’ price target before its first earnings report.
“Mizuho hiked its price target ahead of the company's first earnings report.”
Open the episode · Closing Bell: Riot Platforms Rises, eToro Falls, Super Micro Delivers EarningsListen at 3:01
Bending Spoons buys distressed software apps using a private-equity-style strategy.
“this is an Italian company that pursues a sort of private equity esque style playbook to buy distressed software apps.”
Open the episode · Apollo Global Rises on Yankees Deal, Webtoon Falls, Bending Spoons GainsListen at 3:57
Bending Spoons acquires distressed or slow-growth companies.
“Bending Spoons, which is a firm that buys distressed assets, or I would say maybe sideways assets, slow growth companies.”
Open the episode · Airtable's 80% off value crash: VCs explain why it's still a win | E2321Listen at 3:49
Bending Spoons is valued at approximately $23 billion.
“it's actually down to 23 billion now”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 3:17
Bending Spoons may genuinely resemble a Berkshire Hathaway replica.
“this is the closest company that might genuinely lay claim to being a Berkshire Hathaway replica”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 3:51
Bending Spoons turned small acquisitions into cash-flow businesses.
“they kind of bought themselves a nice little machine buying these businesses, not very big, turning them into cash flow businesses”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 5:09
Bending Spoons intends to hold its acquisitions indefinitely.
“The goal of bending spoons is to hold it forever.”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 7:07
Bending Spoons trades at a substantially higher revenue multiple than Constellation Software.
“Constellation, which is I would say a significantly better business, trades on a revenue multiple 3.5 times. And bending spoons, well it depends which revenue multiple you which revenue number you use. But it's even if you use the last quarter it's still 10 times revenue”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 21:27
Bending Spoons applies its buy-and-milk strategy even to high-quality businesses.
“even when bending spoons pivots to buying good businesses, they still stick to their buy slash milk philosophy”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 27:33
Bending Spoons’ interest expense eliminates its operating income.
“the interest completely wipes out the income”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 28:56
Bending Spoons could become more like Berkshire Hathaway if it changes strategy.
“they could turn this into a Berkshire Hathaway”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 33:30
Bending Spoons has an extremely highly leveraged balance sheet.
“this is a balance sheet that's crazy leveraged”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 34:36
Bending Spoons’ pooled debt lets successful acquisitions support or endanger the whole company.
“one great winner might save the them, but on the downside, a great winner might end up getting dragged under the water as well”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 35:37
Bending Spoons combines an empire-building structure with a private-equity-style operating model.
“you've got an empire building corporate structure with a private equity flipping business model sitting underneath it”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 40:44
Bending Spoons needs continuous acquisitions to offset deterioration in older businesses.
“what you need is the, an endless pipeline of acquisitions to keep pouring new versions of these businesses in”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 45:13
Bending Spoons will likely be worth no more than $5 billion in two years.
“I'll be shocked if this business is worth more than 5 billion in two years time”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 48:11
Investors should sell Bending Spoons shares.
“To me this is a blazing red hot sell.”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 48:43
Bending Spoons could continue acquiring high-quality businesses.
“they could keep buying high quality businesses”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 49:11
Continued price increases would provide major upside for Bending Spoons.
“if they can keep pushing through these price rises, that will be the massive upside”
Open the episode · Deep Dive: Bending Spoons - Genius or Disaster?Listen at 50:01
Bending Spoons is a newly listed public company.
“Bending spoons, ticker, bsp, a new one.”
Open the episode · AI Infrastructure Falls, Alphabet’s $2 Trillion Gain, American Eagle Affirms GuidanceListen at 3:36
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.