Eventbrite and Vimeo owner Bending Spoons files to go public

Investment management firm Baillie Gifford holds a big chunk of the company, with other institutions such as Cox Enterprises, Durable Capital Partners, and Fidelity also on the list of backers.

Bending Spoons typically acquires a property whose business is not in a healthy state, trims the teams, and pushes it to profitability with different kinds of subscription structures.