Bending Spoons Poised To Revitalize Eventbrite In $500 Million Deal

by THEFUTURE.TEAM

December 3, 2025

Strategic Acquisition And Valuation Shift

In a landmark transaction, Bending Spoons—renowned for acquiring and revitalizing mature technology companies—has agreed to purchase Eventbrite for roughly $500 million. This figure starkly contrasts with the $1.76 billion valuation Eventbrite enjoyed at its 2018 public debut, highlighting a significant market correction.

Success Through A Proven Turnaround Model

Much like its earlier investments in industry names such as Evernote, Meetup, Vimeo, and AOL, Eventbrite has managed to maintain a strong brand. However, audited financial reports indicate that its underlying business has plateaued, necessitating a strategic turnaround.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Evolving Business Fundamentals

Co-founded in 2006 by Julia and Kevin Hartz alongside Renaud Visage, Eventbrite successfully raised close to $330 million in venture capital from top-tier investors including Sequoia Capital and Tiger Global Management during its private years. Over a 12-year growth period, the company transitioned from a tech darling into a market mainstay, though its revenue has stagnated at around $325 million in each of the last two fiscal years.

Bending Spoons’ Enduring Investment Philosophy

Diverging from conventional private equity practices, Bending Spoons acquires companies with the intention of holding them indefinitely. The firm implements cost efficiencies, price adjustments, and product enhancements to restore profitability over time. Its recent $270 million funding round, which values the company at $11 billion, underpins its capacity to sustain long-term market interventions.

Broader Industry Movements And ‘Venture Zombie’ Strategy

This acquisition is part of an emerging trend where investors target so-called “venture zombie” companies—businesses with established brands but stagnant growth. Other players in this arena include Curious, Tiny, SaaS.group, Arising Ventures, and Calm Capital. As noted by Andrew Dumont, founder and CEO of Curious, these revitalizations often yield profit margins between 20% and 30%, reinforcing the appeal of such investments.

Financial Terms And Shareholder Benefits

The deal values Eventbrite at approximately 1.7 times its trailing 12-month revenue of $295 million. Under the terms of the transaction, Eventbrite stockholders are slated to receive $4.50 in cash per share—an 81% premium over the previous day’s closing price. This attractive exit not only underscores the strategic rationale behind the acquisition but also signals confidence in the turnaround approach.

The Future Forbes Realty Global Properties

Cyprus Expects More French Visitors In 2027 As Air Capacity Expands

by THEFUTURE.TEAM

September 18, 2026

Cyprus expects more French visitors in 2027 as airlines increase capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after meetings with tour operators in Paris.

France, one of Cyprus’ key tourism markets, has had a difficult 2026. French arrivals fell 46% year over year to 8,453 in August, from 15,663 a year earlier, according to the Statistical Service of Cyprus (Cystat). August arrivals were also nearly 50% below the 16,798 recorded in the same month of 2024.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Overall, Cyprus received 2.82 million tourist arrivals between January and August, down 7% from the same period in 2025.

Air Connectivity Supports 2027 Outlook

Koumis discussed the 2027 outlook with senior executives from tour operators offering Cyprus holidays during the IFTM Top Resa travel trade fair in Paris.

Higher air capacity between France and Cyprus was a key focus of the talks. Participants also discussed the impact of geopolitical tensions in the Middle East on the French market and Cyprus’ efforts to adapt its tourism offering to French travelers.

“The French market is undoubtedly an extremely important market for our country’s tourism,” Koumis said, adding that France had regained importance only a few years ago and still had room to grow.

Improved air connectivity will be an important factor in that expansion, according to Koumis. “It is now clear that air connectivity between France and Cyprus is improving significantly, which is a basic prerequisite for the further growth of the market,” he said.

Cyprus Promotes Tourism And Regional Cooperation

Koumis attended the opening of IFTM Top Resa at the invitation of French Tourism Minister Serge Papin, who later visited the Cyprus stand. Held from Sept. 15 to 17 at Paris Porte de Versailles, the event brought together more than 32,000 tourism professionals representing 177 destinations and 1,650 brands, according to organizers.

During his visit, Koumis also met Egyptian Tourism Minister Sherif Fathy. Cyprus and Egypt reaffirmed their tourism cooperation and discussed opportunities to strengthen ties further.

French media interviews covered Cyprus’ tourism offering, infrastructure and services, along with efforts to develop specialized tourism products. Regional instability weighed on arrivals in 2026, particularly during the spring, although the decline narrowed over the summer.

Breaking news