Deedy(@deedydas):Wow. 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 preference stack. That implies common and early holders split the remaining ~$850M, a ~10x haircut from peak.

Deedy

@deedydas

Partner at @MenloVentures. Investor: Anthropic, OpenRouter, Modal, Wispr, Pangram, Inception, Goodfire, PrimeIntellect prior: Glean, Google Search. Cornell CS.

Joined August 2011

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Deedy@deedydas

2026.08.04 08:27

Wow. 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 preference stack. That implies common and early holders split the remaining ~$850M, a ~10x haircut from peak.