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Private Equity 8 Hours

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2 articles summarized · Last updated: LATEST

Last updated: July 1, 2026, 11:30 PM ET

Private Equity & Tech IPOs

Italian software firm Bending Spoons surged 40% on its first day of trading, defying a broader slump in software-as-a-service IPOs. The company, which has a strategy of acquiring and revitalizing established tech brands like AOL and Evernote, achieved a significant market debut. Co-founders attributed their success to minimizing luck, drawing lessons from their prior startup failures to build a disciplined acquisition model minimizing luck.