Berkshire Hathaway Increases Stake in Italian Tech Firm Bending Spoons
Berkshire Hathaway, under the leadership of Greg Abel, has expanded its investment in Bending Spoons through a $330 million private placement in October. This follow-on investment brings Berkshire's total ownership stake in the Italian technology company to 4% following its initial public offering in July 2026. Bending Spoons operates on an acquisition-based model, purchasing established digital businesses such as Eventbrite, Vimeo, and Miro to improve their technology, product design, and marketing. Unlike traditional private equity firms that flip assets for profit, Bending Spoons focuses on long-term ownership and using generated cash flow to fund further acquisitions, a strategy that closely mirrors the compounding business model utilized by Berkshire Hathaway.
Topics: Bending Spoons Berkshire Hathaway Private Placement Tech Acquisitions
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