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Back to How Bending Spoons Built a $20 Billion Compounder | Luca Ferrari, with Luca Ferrari & Anish Acharya.

What Does Bending Spoons Build In-house?

Luca Ferrari says Bending Spoons builds nearly everything required to run a digital business in-house, and the count comes to over 50 different tools. Saving on vendor costs is quite large, but the savings are not a game changer. The two game changers are making the tools super fit for purpose and natively integrated with one another.

The build list covers data processing, the A-B testing platform, marketing automations, user lifetime prediction, credentials management, and recruiting tools. Gmail, Slack, and Google Drive stay outside the set, because the needs are universal and Bending Spoons is happy to use what others build. Each internal tool is better for the exact job, and the tools work together in a more harmonious way, so the sum of the parts is much greater than buying the same jobs from separate vendors.

A big monolithic foundation also lets Bending Spoons swap the foundation at an acquired business quite rapidly.

Grokipedia·Bending Spoons·Luca Ferrari

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How Bending Spoons Built a $20 Billion Compounder | Luca Ferrari ·

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More from this episode

  1. How Does Bending Spoons Improve the Companies It Buys?Luca Ferrari says Bending Spoons buys technology companies where it sees a chance to make them much more successful, then puts them on one platform with the…
  2. Why Does Bending Spoons Optimize Free Cash Flow?Luca Ferrari says Bending Spoons kept optimizing the rate at which free cash flow compounds, passing up choices that would please investors and produce a…
  3. When Is Optimization a Better Bet Than Invention?Luca Ferrari says optimization is the better bet when the strategy can compound small gains, because radical invention's usual outcome is losing everything.
  4. Why Do Founders Avoid a 100x or Nothing Bet?Luca Ferrari says founders and professional managers avoid a 100x or nothing bet because they hate a median case of ending with nothing, not because they got…
  5. How Does Bending Spoons Use Debt Without Risking the Company?Luca Ferrari says debt lets Bending Spoons do more sooner, and it is smart when the expected return beats the cost of the debt and the chance of default stays…
  6. Is AI Really a Threat to SaaS Companies?Luca Ferrari says AI is not a reason large SaaS companies are finished.
  7. How Does Bending Spoons Use an AI Agent in Slack?Luca Ferrari says Bending Spoons uses an AI agent in Slack, which he calls the alternative spooner.
  8. How Much of Bending Spoons Code Is Written by AI?Luca Ferrari says Bending Spoons code was 0% written by AI two years ago and, last time he checked, is at 94%.

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