Bending Spoons CEO says falling software valuations offer buying opportunities
Luca Ferrari told Bloomberg that lower software company valuations create acquisition opportunities as Bending Spoons seeks to benefit from AI disruption. According to PYMNTS, he said AI has been useful to the company's business, which involves buying digital businesses and increasing the revenue they generate per customer.
- Bending Spoons’ portfolio includes AOL, Vimeo, WeTransfer and Evernote, according to PYMNTS.
Covered by 2 publishers within 8 hours of the first report.
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Bloomberg Bending Spoons CEO Sees Buying Opportunities in SaaSpocalypse · Daniele Lepido and Tom Mackenzie