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Airtable's Acquisition Tells Us One Lesson
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Airtable sold to Bending Spoons for $1.25B in cash, and the internet immediately called it a down round. Eric pulls up Jason Lemkin's numbers and the actual purchase agreement to show what really happened: 3.1x ARR growth since 2021, $900M sitting in the bank, and a reorganization that carved the HyperAgent business out into its own entity before the deal closed. Then…
The skinny
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