Comment on Bending Spoons Agrees to Buy Miro for $1.36BComments−tnolet2dHmm, did not know Miro was in the sh*tter. Seemed to be quite the market leader there. Maybe overvalued and couldn't get the revenue up?−helsinkiandrewOP2dHmm, did not know Miro was in the sh*tterI think Bending Spoons buys companies that are profitable with a good customer base but have perhaps lost growth - it provides investors an off ramp when a successful IPO isn't likely, or revenues/profits/share price of a listed company is dropping.
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Hmm, did not know Miro was in the sh*tter. Seemed to be quite the market leader there. Maybe overvalued and couldn't get the revenue up?
I think Bending Spoons buys companies that are profitable with a good customer base but have perhaps lost growth - it provides investors an off ramp when a successful IPO isn't likely, or revenues/profits/share price of a listed company is dropping.