Luca Ferrari outlined his strategy for Bending Spoons, but replacing engineering teams with algorithmic austerity extracts temporary cash flow while mistaking asset liquidation for genuine capital growth.
By Klaus Berger ·
On Sequoia Capital, Luca Ferrari outlined his strategy of acquiring legacy software companies to hold forever, but squeezing headcount and rewriting code cannot protect Bending Spoons from the laws of capital depreciation.
By Klaus Berger ·
Bending Spoons uses AI and strict market discipline to strip corporate waste from its acquisitions.
By Bram de Vries ·
Bending Spoons masks a private equity model of extraction behind the jargon of a radical meritocracy.
By Maya Ellison ·
AI disruption is noise compared to the reality of payroll leaks and valuation crashes.
By Ray Dombrowski ·
Tech giants are facing a financial reckoning, forcing a return to operational cash flow and fundamental growth metrics.
By Ray Dombrowski ·