How Bending Spoons finds profits in the tech graveyard
02-08-2026 09:00 via moneyweek.com

How Bending Spoons finds profits in the tech graveyard

Bending spoons is a parlour trick popularised in the 1970s by illusionist Uri Geller. It's also the name of Italy's most valuable technology firm, which earlier this summer staged a triumphant Wall Street initial public offering that saw its shares soar by 40% in a day – taking the value to $26 billion and “minting” the fortunes of its founders and a bevy of backers, ranging from US tech grandee Eric Schmidt and French telecoms billionaire Xavier Niel, to celebrities such as An
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