Wikipedia:
(https://en.wikipedia.org/wiki/Bending_Spoons)
>"Based in Milan, the company acquires products with existing product‑market fit[4][5] (such as AOL, Eventbrite, Evernote, komoot, Meetup, Tractive, Vimeo, and WeTransfer) and manages them for long-term ownership, often increasing revenue and lowering expenses (including by reducing headcount).[6][7] The company employs full-stack developers to rewrite acquired codebases using artificial intelligence, proprietary platform tools, and open-source software (often Python, FastAPI, and TypeScript).[8][9]"
Ah!
So they're kind of the equivalent of a
special kind of Private Equity firm
that specifically purchases/manages/improves: Commerical websites, Apps, SaaS'es and other Digital/Software products that already have many users/customers (aka "Product-Market Fit" in business parlance...)
Although, arguably, Microsoft, while never called a "Private Equity" firm, sort of did all of that first, with other tech companies, in earlier decades!
Well, wait a second now...
If memory serves me, then actually Computer Associates did all of that (for software mostly for the Mainframe / Minicomputer markets and related!) even earlier than Microsoft, probably about a decade or so earlier than Microsoft!
Anyway, interesting article!