Bending Spoons’ $18 Billion IPO and Founder’s Take on Reducing Luck

Italian tech group Bending Spoons went public with a valuation of $18 billion, a milestone the company’s co‑founders attribute to a deliberate effort to “minimize luck” in every business decision. In a candid interview, they reflected on a previous startup that collapsed because it relied too heavily on unpredictable factors, and explained how those hard‑won lessons reshaped the way they run Bending Spoons today.

The founders said their first venture failed when they chased hype and left strategic choices to chance rather than data. That experience forced them to build a repeatable, metrics‑driven framework for product development, marketing, and acquisitions. By turning intuition into quantifiable criteria, they could predict outcomes more reliably and keep risk under control.

Bending Spoons has quietly built a portfolio of beloved yet struggling internet brands, especially in the mobile gaming and creative‑apps space. A sophisticated analytics engine monitors user behavior, churn, and monetisation patterns, allowing the team to spot which apps have genuine long‑term potential. This insight lets them acquire under‑performing titles at modest prices, revamp them with fresh design and growth tactics, and turn them into profitable assets.

The IPO proceeds will fund a major push into research and development, as well as expansion into new markets such as Southeast Asia and the Middle East. While the founder concedes that luck can never be eliminated entirely, he insists that reducing its impact through systematic processes is the cornerstone of sustainable growth. For other entrepreneurs, Bending Spoons’ story serves as a blueprint: success is less about serendipity and more about building a business model that can thrive even when the odds are stacked against you.

Source: TechCrunch

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