Bending Spoons Acquires Airtable at Discount to Peak
Investors and creators on X react to the acquisition announcement and its context.
Bending Spoons announced it has agreed to acquire Airtable. The announcement appeared in posts on X from the acquiring company. Investors and creators on the platform discussed Airtable's prior funding rounds and earlier valuation levels. Posts referenced the company's history of raising capital and its position in the no-code category. Visible replies noted reactions to the deal terms and outcomes for different stakeholder groups. The conversation remained limited to these public posts without further confirmation of additional details.
We've officially agreed to acquire Airtable for $1.285B! 😍
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37 postsSH 
Sar Haribhakti@sarthakghWow Airtable’s peak valuation was ~12 billion
- likes: 11
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SM Sheel Mohnot@pitdesiBending Spoons is acquiring Airtable for $2.25B Airtable has $965M of cash, so the EV is $1.285B. Airtable had raised $1.35B of VC capital, last round Dec ‘21 at $11.7B. At ~$480M ARR growing 20%+ YoY, that’s 2.7x ARR. Surprised they are selling with so much cash!
- likes: 1.1K
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B( Beff (e/acc)@beffjezos@pitdesi Notion is eating their lunch
- likes: 50
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DE Deedy@deedydasWow. Airtable, founded in 2012 and once valued at $11.7B, is getting acquired by Bending Spoons, founded 2013, at 2.7x ARR. A once hot startup; now an unfortunate victim of the SaaS bust. It raised $1.4B only to be sold for $1.285B EV ($2.25B equity value), just clearing its…
- likes: 3.1K
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CP Chamath Palihapitiya@chamath@deedydas You’re mixing up equity value with enterprise value.
- likes: 152
- replies: 21
- bookmarks: 19
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AA Austen Allred@AustenWhoa. Airtable raised $1.4 Billion. Didn’t even clear the pref stack?
- likes: 3
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- bookmarks: 1
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