Italian tech group Bending Spoons jumps on Nasdaq debut

Bending Spoons, the Italian tech group and owner of Vimeo, AOL, and Eventbrite, has completed its Nasdaq debut. The company raised $1.68bn in one of the most significant European technology IPOs of the year. As an acquisitive entity, Bending Spoons serves as a notable analogue for private equity-backed software and tech roll-ups, effectively taking the private equity model public through its strategic growth and recent listing on the American stock exchange.