The a16z Show · Sunday, November 1, 2026
Luca Ferrari discusses Bending Spoons' approach to debt and risk, explaining that the company maintains self-imposed leverage limits well below 3x, currently operating around 2.4 to 2.5. He states that the company aims to ensure it can pay back 100% of its debt before maturity even in severely adverse scenarios.
“We have a stringent, limits we self-impose trying to keep leverage ratio well below 3x, it's currently about 2.5, 2.4.”
“Always been in a position to be able to pay back 100% of our debt before maturity, even under severely adverse scenarios.”