TLDR Tech / Founders
Bending Spoon S-1 Breakdown
After their first startup failed, the founders of Bending Spoons were left with $40,000 and a lesson. They thought finding product-market fit involved a lot of luck, while running a software business well was mostly skill. So they spent $10,000 buying an app that already had users. Bending Spoons has now done this more than 50 times, including Evernote, Vimeo, and WeTransfer. Every product gets the same pricing, data, and experimentation system. Remini alone ran more than 1,000 monetization tests. The system behind the apps is really what they have been building.
Read the full story