Bending Spoons skyrockets 41% as Berkshire Hathaway makes $330 million investment
- ID
- 35382
- Status
- summarized
- Published
- 15 Oct 2026, 4:01 AM
- Fetched
- 15 Oct 2026, 4:22 AM
- Provider
- CNBC Technology
- Category
- technology
- Original URL
- https://www.cnbc.com/2026/10/14/berkshire-hathaway-investment-bending-spoons.html
- Source URL
- https://www.cnbc.com/id/19854910/device/rss/rss.html
Summary
- Score
- 2.5
- Created
- 15 Oct 2026, 4:24 AM
- Tags
- Audience
- founders
What happened
Berkshire Hathaway added $330 million to its stake in Bending Spoons, buying 10 million ordinary shares at $33 each, on top of the $600 million it put in during the Italy-based serial acquirer's July Nasdaq IPO. The new filing lifts Berkshire's holding to about 4% and sent the stock up roughly 35% on the day (the headline says 41%). Bending Spoons' co-founder and head of business acquisitions, Francesco Patarnello, said the company's M&A pipeline "remains strong" and that the money adds financial flexibility for further acquisitions.
Why it matters
There is no direct action here for Malaysian developers or founders: this is a public-markets story about a US-listed app roll-up, with no product, pricing, API, or platform change disclosed in the text. The only builder-relevant signal is indirect and weak - Bending Spoons explicitly frames the cash as fuel for more acquisitions, so teams whose products sit in its consolidation target space (consumer apps with recurring revenue) may see more roll-up offers, but the excerpt names no targets, markets, or Southeast Asian assets.
Discussion angle
Bending Spoons is funded to keep buying apps - is the roll-up model (acquire, cut costs, monetise harder) something Southeast Asian app builders should study, sell into, or compete against, and does anyone in the room actually run a product in that target profile?