by sorenjan on 5/29/25, 10:17 PM with 4 comments
by k310 on 5/29/25, 11:04 PM
> As is the case with virtually all Bending Spoons acquisitions, they promptly fire almost all (if not all) the staff within a few weeks. That happened here as well, with roughly 85% of the staff being let go within the first two weeks, upwards of about 150 people. Generally speaking, the operation profile of Bending Spoons post-acquisition is to raise prices with minimal feature updates, focusing more on the long-term gravy train.
I suppose that some people think of software as something you can basically freeze and sell as a cash cow. So sad to see small companies go away. Lacking details, SOMEONE cashed in, and a lot of people are cut loose. The hope is that they find decent work for decent companies that aren't just flipped.
by BLKNSLVR on 5/29/25, 11:22 PM
I'm aware this probably crosses various copyright and other boundaries in law, but these kinds of acquisitions need to have something that pushes back against them. I believe they're a net negative for society and society is meant to be setup to have disincentives for behaviour that results in net negatives.
Ultimately, what appears to be Bending Spoons' strategy should be disallowed by law. At least some time frame like a vesting schedule whereby at least x% of employees must be retained for y amount of time.
Might seriously slow down acquisitions, but that won't cause me any sleepless nights.
by b3ing on 5/29/25, 11:29 PM