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Luca Ferrari

Co-founder & CEO, Bending Spoons (parent company operating WeTransfer), Wetransfer A Bending Spoons

Search every verified Luca Ferrari interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Luca Ferrari, co-founder and CEO of Bending Spoons, has been active in a series of interviews and announcements regarding the company's acquisition strategy, operational approach, and use of AI. In September 2026, Bending Spoons announced the acquisition of Miro for $1.35 billion, following its earlier acquisition of Airtable. Ferrari described both companies as modern, growing businesses and said the acquisitions were based on expected returns that clear the company's hurdle rate, rather than on predictions about macroeconomic trends. He also discussed the company's broader model of acquiring and holding businesses long-term, stating that Bending Spoons has never sold a business and aims to improve acquired products through superior talent density and technology. Ferrari also elaborated on Bending Spoons' internal practices, including its use of over 50 proprietary tools and AI-generated code, which he said has contributed to significant productivity gains. He noted that the company received approximately 800,000 job applications in 2025 but hired fewer than 300 people, reflecting its selective approach to talent. Discussing valuation trends, Ferrari said current SaaS valuations appear reasonable compared to what he characterized as irrationally high levels in the past. He also addressed the company's leverage, stating that its net debt is approximately 2.5 times EBITDA, a level he described as modest for the software industry.

Recent appearances

Verified interview transcripts

Notable quotes

“We have half a billion monthly active users. I mean, that's a lot. Short of being Google or Meta you know many companies so if half a billion people using these products every month is a graveyard then sure let's call it that. These are often there they may not be like the up-and-coming sexy thing but it doesn't mean they're not incredibly useful important. You could see this at its very peak with AOL where which by ”

“I don't know that we're eating anything, but I think you're probably referring to the announcement of the acquisition of Airtable, I suppose. Yeah, I guess I mean Airtable is a great business, a great product and you can say of Airtable something you can't say of a lot of different businesses which is that they really were identified as a high-flying, key company in Silicon Valley for quite a while. And that's very d”

“We made a lot of changes. We rebuilt the org vastly. So it was roughly 350 team members. We made it substantially smaller. I think a year and a half after the acquisition closed, we were more around 50 to 60 team members. ... I think there are different factors. One is the access to talent. We've been able to build an employer brand, a company where some of the best people want to work. We got 800,000 job application”

“We have always bet on being operationally outstanding and being able to improve these products, their organizations, monetization. We have never really been a financial engineering operation. We're almost the polar opposite of that because our entire thesis is that we can bring superior talent density, superior technology to run these businesses better. So I subscribe to that. I think it's both more fun and it tends ”

“I think the valuations for SaaS businesses that we see prevalent in the market now are actually reasonable. And I would argue they were exceptionally high in my view, irrationally high before and for a long time. You couldn't in my view justify those valuations based on any reasonable projection of cash flows. It was a speculative way of acquiring and investing in those businesses. I think as AI advanced it forced a ”

“Yeah. So I in the ideal world I I'd like to going back to to to Musk being I mean I know he's a controversial figure but I I would argue it's very easy to it's very easy to argue that is the best or certainly one of the best entrepreneurs of all time. Uh I don't think many people would disagree with that claim. Um and uh and I think something that he's managed to do that's quite impressive is at the same time I gener”

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