Bending Spoons to buy Airtable for $1.28B
What's happening
Bending Spoons has entered a definitive agreement to acquire Airtable for about $1.28 billion (reported also as $1.3 billion). Airtable previously reached a peak valuation above $11 billion in 2021, and earlier this year its shares were trading on secondary markets around a $4 billion valuation. This is Bending Spoons' first post-IPO acquisition and closes a big gap between Airtable's peak value and the agreed purchase price.
Why it's trending
Multiple outlets flagged the deal now because it marks Bending Spoons' first post-IPO purchase and a large down-round compared with Airtable's 2021 peak valuation.
SignalNewly emerging, confirmed across 2 independent source types.
Momentum
Score per dayStory volume
Stories per dayAngles you could write
Buying Airtable for $1.28B shows Bending Spoons just got a powerhouse at a bargain price, and the market isn't broken, it's maturing.
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Original sources3
- Bending Spoons to buy Airtable for $1.28B
At its peak in 2021, Airtable was valued at over $11 billion, but earlier this year, its shares were said to be trading on the secondary markets at a valuation of $4 billion.
TechCrunchAug 4 - Bending Spoons makes first post-IPO acquisition with $1.3B Airtable dealHackerNewsAug 4
- Bending Spoons entered definitive agreement to acquire Airtable for $1.28BHackerNewsAug 4
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