Meet Warren Buffett Successor Greg Abel's Newest Investment: Bending Spoons. Should Investors Follow Suit and Buy the Stock?
Key PointsBerkshire bought shares of Bending Spoons at both its IPO and recently in a private placement.
Warren Buffett has shown a newfound interest in technology stocks under the leadership of Greg Abel. The new CEO made a substantial investment in Italian tech company Bending Spoons, purchasing around $600 million worth of shares during its IPO and adding another $330 million through a private placement. Bending Spoons is a digital technology holding company that targets acquiring digital-first businesses with substantial revenue and improving them using AI.
The company has completed over 50 acquisitions since 2013, with recent notable deals including Airtable and Miro. In 2025, Bending Spoons generated $1.3 billion in revenue, a 95% increase from the previous year. While Bending Spoons has shown strong financial growth, some investors may hesitate to follow Buffett's lead due to the company's aggressive acquisition strategy and significant debt financing.
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