Bending Spoons owns AOL and Vimeo but remains a mystery—the M&A equivalent of a sound without a listener.
Read full article →Man who built $18B company by buying zombie apps explains how he eliminated chance from a strategy entirely dependent on it.
Read full article →Bending Spoons' 40% IPO pop proves investors will cheer anything if you call it 'operational excellence.'
Read full article →Multibillion-dollar clean energy complex joins the graveyard of decarbonization theater.
Read full article →When a startup trades its entire business model for a phone call from the administration.
Read full article →A measured correction is what we're calling it when you realize you've been funding vaporware at 100x revenue multiples.
Read full article →The ultimate startup pivot: going from existential threat to improved relations in one news cycle.
Read full article →A corporate venture arm shuts down having learned the hard way that throwing $1B at startups doesn't magically make a payments giant innovative.
Read full article →A stock with fewer shares than a mid-cap biotech somehow validates trillion-dollar valuations.
Read full article →In a stunning move, a fossil fuel giant considers buying another fossil fuel giant to 'deepen presence' in energy transition.
Read full article →DumbCapital covers venture capital and M&A in North America with the skepticism these markets have long deserved and rarely received. We are not impressed by large numbers. We are not moved by press releases. All articles are satirical commentary based on real, publicly reported deals. Nothing here is financial advice.