1. Italian company Bending Spoons has recently quadrupled its valuation to $11 billion, following the acquisition of AOL and a $270 million fundraising.
2. The company acquires stagnating tech brands like Evernote, Meetup, and Vimeo, revitalizes them through cost-cutting and price increases, and keeps these businesses for long-term growth, a strategy that is becoming increasingly popular among investors.
3. Andrew Dumont, founder of Curious, a firm that also acquires and revives "venture zombies", explains their model: they buy underperforming software companies, make them profitable, and use the earnings to acquire more companies, aiming to buy 50 to 75 such startups over the next five years.