Hundreds of millions in revenue and three acquisitions in 2024 — what’s behind Bending Spoons’ success? | Sifted https://sifted.eu/articles/bending-spoons-italy-startup-ipo

So private equity is behind it.

Yeah, but AFAIK that means people buying companies, leaving them with a skeleton crew and milking the remaining users as long as possible.

How does that fit with expensive hiring sprees? If anything I’d expect them to be continuously shedding absorbed employees.

	▲	rcxdude an hour ago \| parent \| next [-]
		Being a part of that skeleton crew likely involves different skills to building the product in the first place.
	▲	a_victorp 4 hours ago \| parent \| prev \| next [-]
		They hire at higher pay because they want people that can/are willing to do the job of multiple people
	▲	jcynix 5 hours ago \| parent \| prev [-]
		I guess that companies which get bought might be a bit "overstaffed" from the startup phase or because planned further development. If one removes this staff, you need less people to minimally maintain a running app. But itcs just a guess, you'll loose knowhow too, when drastically reducing your staff.