Entrepreneurs raise hundreds of millions of dollars for their company on a daily basis. Hollywood stars invest in his start-up.
On Tuesday, a Milan-based tech firm announced it had raised $340 million in financing from investors including movie stars Ryan Reynolds andGabrielle Union, as well as an Italian bank and a Japanese football player.
The company has built a suite of mobile apps for content creators, including video editing app Splice and photo editor Remini. More than 90 million people use the company's apps each month.
Luca Ferrari, the company's CEO and co- founder, told Fortune that the business wasprofitable from the beginning.
Fortune was inside his big raise.
It was unusual for a start-up to have early financial success before their ninth year in business. The company's founder reinvested their earnings into the company.
After opening the gate for its first ever funding round, the founders decided to keep the round open for some exceptional individuals.
Reynolds said in a statement that he was attracted to the products of Bending spoons.
He said that the apps allow anyone to become a genius. I had to invest in their products because they scare me.
He said he fell in love with the fact that we're not well known.
The story of bending spoons is amazing. Many companies operate for years before ever turning a profit, while most start-ups fail because they don't have enough money.
Entrepreneurs can get advice without spending a dime.
He told the person to be an independent thinker. You have the chance to make a difference, even if you crash and burn. You're destined to be mediocre if you do what everyone tells you to do.
It was a philosophy that helped build the company it is today, according to the man himself.
He said that the choice to accept a slightly slower growth curve allowed them to keep complete governance and control. They went against the grain of what they were told to do. It's important to think with your own head.
It's important to take care of the people who help build your company. It has won many prizes as a top employer because it invests in its workforce.
The company is proud of its culture, according to Ferrari. We have won awards for being the best place to work in Italy, Europe, for women and for young people.
He said that the company's reputation as an employer was due to its "all for one, one for all" motto.
We have a zero turnover rate, and that says a lot.
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