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I must admit it's not entirely obvious why that business model makes them "not a good actor". And what's with the snark about Italian banks?
by boole1854 4y ago
I must admit it's not entirely obvious why that business model makes them "not a good actor".
And what's with the snark about Italian banks?
- Manjuuu 4y ago> is $10 a WEEK.
- handoflixue 4y agoThe issue is that people are at least somewhat "locked in" to whatever apps they're already using, so sudden major price increases are a bit extortionate: Either you pay us a bunch of money, or lose access to your data/workflow. Prior to acquisition, one could reasonably expect Evernote not to announce sudden, shocking price changes, because they were trying to build a long-term brand. Now, suddenly, that's not the case. This is made worse when the app doesn't do a good job of letting you export your data in the first place.
- lioeters 4y agoFrom September 2022: > Italian app developer Bending Spoons has raised more than 340 million euros ($327 million) from investors including Hollywood actor Ryan Reynolds and Kerry Trainor, the former CEO of video streaming platform Vimeo. > Bending Spoons, whose apps include popular video editing tool Splice and Remini, an image editor based on artificial intelligence technology, said the money could be used for acquisitions. > A source close to the company said former Google Executive Chairman and CEO Eric Schmidt was among the investors. Other backers included Italian banks Intesa Sanpaolo and Banco BPM.