Kai Risdahl
π€ SpeakerAppearances Over Time
Podcast Appearances
Marvell Technology, not of course to be mistaken for Marvel, the superhero company, soared 9.6% on the day.
Yield on the 10-year T-note rose 4.56%.
You're listening to Marketplace.
Every now and then, there is a corner of the corporate economy that just kind of makes you go...
Today's comes to us courtesy of companies like Vimeo and AOL and Eventbrite.
First of all, and this may be news to some of you, they are all still alive.
And they are all owned by a technology company called Bending Spoons.
Those brands and others that the company has bought aren't really known for being cash cows.
Last year, in fact, Bending Spoons lost more than $100 million.
Now, though, somehow it's turning a profit and it's just filed to get in on the hot, hot, hot 2026 IPO market.
Marketplace's Kaylee Wells explains what's going on.
They are trying to feed the acquisition machine.
They want to find more businesses, expand this model that has been their ethos from the beginning.
And so what they're looking to do is continue that on a larger scale.
The movie business seems finally to be bouncing back from its pandemic lows.