Janelle Teng · 7 August 2026 · Industry Analysis

A Spoonful of Reality for 'Bent' Valuations

Janelle Teng, VP @ Bessemer

Airtable's $1.3B acquisition by Bending Spoons marks a reckoning for overvalued ZIRP-era SaaS unicorns, revealing that most incumbent software companies will struggle to AI-pivot without radical leadership willing to "destroy" legacy business to succeed in the AI era.

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Topics: Enterprise Software

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