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▶ 0:20 · $BSP · $BSP · Hoium sees Bending Spoons as Constellation-style software roll-up at discounted valuations
episode briefing
Asymmetric Investing by Travis Hoium

Is Bending Spoons the Next Big Tech Conglomerate?

2026-09-21 · 2 company · 0 thematic
sentiment
2 bull0 bear0 neu
speakers
travis hoium

Travis Hoium hosts the Asymmetric Investing podcast/YouTube channel and manages the Asymmetric portfolio. He conducts fundamental research using Fiscal AI and focuses on platform business models, healthcare technology, and consumer subscription businesses. He discloses holding Hims & Hers as one of his largest positions.

quote
“Bending Spoons is potentially buying them at a discount, and if they're able to improve these products long-term, it could be a phenomenal value add for investors... you take a whole bunch of pieces of software that were probably features…”
—travis hoium
now playing · $BSP · $BSP
$BSP···bullish· mediumtravis hoium
Hoium sees Bending Spoons as Constellation-style software roll-up at discounted valuations
Bending Spoons acquires distressed VC-backed software companies at reasonable multiples (e.g., Miro at ~2x ARR), consolidates them into a profitable suite with 1B users and 7M pay…
$BSP···bullish· mediumtravis hoium
Bending Spoons building software roll-up from discounted VC orphans
Bending Spoons is acquiring forgotten, over-funded VC software companies at steep discounts to their peak valuations and converting them into profitable, sticky enterprise product…