GoKawiilBerkshire Hathaway raises stake in Bending Spoons to over $900 million
Milan-based holding company Bending Spoons, which went public on Nasdaq in July, disclosed a new $330 million investment from Berkshire Hathaway this week, bringing Berkshire's total stake to more than $900 million. Shares jumped 41% on the news before paring gains, leaving Bending Spoons with a market cap near $30 billion. The company also confirmed layoffs at recently acquired Airtable, following job cuts at other portfolio firms like Evernote, Vimeo and WeTransfer.