Bending Spoons wants to revive software castoffs. Berkshire is backing the plan

Guests during the Bending Spoons initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Wednesday, July 1, 2026. Michael Nagle | Bloomberg | Getty ImagesAt the time of its Nasdaq debut in July, Bending Spoons was a little-known holding company out of Italy that owned older internet names like AOL, Vimeo, Eventbrite and Evernote. Less than four months later, the Milan-based firm has emerged as a surprising home for former high-flying software startups that have been thrust aside by the artificial intelligence boom. Its M&A plan got a major boost this week from the most famous holding company on the planet: Berkshire Hathaway. Berkshire, which Bending Spoons describes as a "longstanding inspiration" for its strategy, has now invested over $900 million in the company, including a $330 million stake disclosed on Wednesday. Wall Street loved the deal, sending Bending Spoons' stock up 41%, though some of those gains were lost later in the week, leaving the company with a market cap of about $30 billion. "Berkshire's decision to add to its position just a few months after the IPO and at these levels provides another vote of confidence in the Bending Spoons model fr...