This Week in Startups · Wednesday, July 1, 2026
The podcast highlighted the successful IPO of Bending Spoons, which priced at $29 per share, valuing the company at $18.5 billion, a significant increase from its previous $11 billion valuation. The company reported strong financial performance with double revenue year-over-year and positive net income in Q1.
“The Bending Spoons IPO, uh, priced last night, went out today. Priced to $29 per share, up from its range of $26 to $28, worth about $18.5 billion non-diluted. Last valued at $11 billion.”
“And if you want to go read the S1, actually it shows a company in pretty rude health, frankly, double revenue year over year and I think it had positive operating and net income on a GAAP basis in Q1 of this year.”