TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

IAC sold 17 apps to Bending Spoons. $100M deal, all 330 employees fired

249 pointsby tomaskafkaover 1 year ago

23 comments

cs702over 1 year ago
Investors in Bending Spoons include musician The Weekend, tennis player Andre Agassi, movie star Bradley Cooper, former Google CEO Eric Schmidt, and director&#x2F;actor Taika Waititi, among many other famous people: <a href="https:&#x2F;&#x2F;bendingspoons.com&#x2F;people" rel="nofollow">https:&#x2F;&#x2F;bendingspoons.com&#x2F;people</a> (scroll to the bottom to see all names).<p>I wonder if any of these illustrious backers are aware of the <i>true</i> business model of Bending Spoons, which can only be described as <i>scammy</i>:<p>1. Buy apps that have loyal users.<p>2. Fire all or most of the employees.<p>3. Update the apps with the most possibly intrusive adware, to milk user data for cash, earning a nice return.<p>Most users will thoughtlessly tap &quot;OK&quot; when asked to agree to the barrage of new permissions requested by the updated apps.<p>The company does other things too, but this is its main business.
评论 #38971452 未加载
评论 #38970432 未加载
评论 #38971253 未加载
评论 #38969166 未加载
评论 #38973033 未加载
评论 #38970535 未加载
评论 #38968630 未加载
Sayrusover 1 year ago
They recently acquired Meetup as well [1]. This doesn&#x27;t bode well for its future.<p>[1] <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=38953242">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=38953242</a>
评论 #38966597 未加载
评论 #38967096 未加载
评论 #38966706 未加载
评论 #38966584 未加载
评论 #38966987 未加载
tgsovlerkhgselover 1 year ago
Why is an adware company allowed to advertise its app with the name of a government organization (&quot;NOAA Weather Radar&quot;)? Since they can just sell the app, I assume it&#x27;s not them writing it for the government on contract.
评论 #38967141 未加载
kasperniover 1 year ago
If you read their Wikipedia page [1] they sound like an Italian Saint. A lot about the various awards they have gotten and other &quot;charitable&quot; activities.<p>But reading the comments here, I get another impression of the company.<p>[1] <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Bending_Spoons" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Bending_Spoons</a>
评论 #38968472 未加载
评论 #38967399 未加载
评论 #38967304 未加载
评论 #38966966 未加载
评论 #38966943 未加载
timenovaover 1 year ago
They did the same recently with Filmic [0], of the Filmic Pro iOS Camera app.<p>I guess this is what the exact opposite of acqui-hire looks like. Acquire only for the app&#x27;s customers, and their currently ongoing subscriptions, and nothing else.<p>Does anyone know if they maintain these apps well over time, or they just rot?<p>[0] <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=38502586">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=38502586</a>
评论 #38969249 未加载
curiouscatsover 1 year ago
Is there an app that monitors your apps to see if any have been sold to such unethical companies to alert you to delete your accounts with those apps?<p>That would seem like a useful app.<p>Frankly Apple and Alphabet should offer such a service but I don&#x27;t have much confidence that they will.
评论 #38972484 未加载
评论 #38970229 未加载
m-p-3over 1 year ago
Bending Spoons seems to be the &quot;Broadcom&quot; of mobile apps, where softwares goes to die a death by a thousand cuts.
评论 #38969142 未加载
kramergerover 1 year ago
I feel if an app changes ownership, all users should automatically be notified by the app store.
评论 #38968660 未加载
评论 #38967357 未加载
评论 #38967192 未加载
评论 #38970536 未加载
kbar13over 1 year ago
i&#x27;m not sure i quite understand the situation. is the implication that bending spoons is some kind of private equity firm but for apps that will suck the soul out of these 17 apps? i haven&#x27;t heard of this company before but browsing their site at least the marketing speak points towards it not being the case... could someone explain?
评论 #38966580 未加载
评论 #38966570 未加载
评论 #38966577 未加载
elondaitsover 1 year ago
Calling your company &quot;Bending Spoons&quot; is like calling it &quot;Stealing Chickens&quot; (Context: <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Spoon_bending" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Spoon_bending</a>)
评论 #38967212 未加载
评论 #38967256 未加载
评论 #38967299 未加载
outcoldmanover 1 year ago
Actually have been using NOAA Weather Radar a lot. Time to uninstall.
评论 #39030990 未加载
TheChaplainover 1 year ago
Bending Spoons also bough Evernote a while ago. Pretty much doubled the price.<p>With that I thought they could go stuff themselves and went to unsubscribe, but they offered a drastic discount if I didn&#x27;t. So they managed to keep me for another year. :&#x2F;<p>But if they don&#x27;t get their Python SDK in order soon I might drop them anyway.
评论 #38968551 未加载
bdcravensover 1 year ago
20 employees per app? I&#x27;ll never minimize the amount of work it takes to create software, but even so, that seems like a lot. Moreso when you consider how many employees&#x27; skills could be applied to multiple apps.
评论 #38969693 未加载
评论 #38969869 未加载
amadeuspagelover 1 year ago
Bending Spoons is a european company, and one of their major advantages is that salaries in europe are lower, obviously they need to fire the american employees of any company they buy to play that out.
emmetover 1 year ago
Welp, better cancel my Productive subscription.
评论 #38967234 未加载
vineyardmikeover 1 year ago
Obviously sucks to be one of those 330 employees, but I wonder if we really need all these junk apps that just harvest user data. Hopefully they can get work doing something fulfilling.<p>Every time a data harvester moves operations to Europe for cheaper labor, it seems like a game of Russian roulette. When will the day come that the EU drives Bending Spoons out of existence?<p>The US should adopt intent nationalistic laws against international businesses collecting American’s data. Not because of National Security (but that’s what the politicians can say) but simply because Americans are the most valuable markets and it’ll drive many of these companies out of business, and generally disrupt the market.
评论 #38966636 未加载
评论 #38967181 未加载
zelphirkaltover 1 year ago
Wait, isn&#x27;t bending spoons the same company that recently acquired Meetup? Lets see how this plays out for Meetup employees.
pmontraover 1 year ago
This IAC? <a href="https:&#x2F;&#x2F;www.iac.com&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.iac.com&#x2F;</a>
DeathArrowover 1 year ago
How are they going to earn money if they fired the entire team?
评论 #38967065 未加载
评论 #38968875 未加载
评论 #38966978 未加载
benrapscallionover 1 year ago
Bending spoons also acquired EverNote not so long ago.
hhhover 1 year ago
I loved NOAA Weather Radar before they shut it down.
dimglover 1 year ago
Ah crap. I use Robokiller.
euphetarover 1 year ago
Auqui-fire?