Bending Spoons is known in VC industry as a buyer of failed startups for peanuts. It's their business niche, the "last resort" for founders.

Yep, it’s a well-trod road. Typically, with this sort of business model, they cut all development, squeeze cost out and then milk it until all the customers leave. Interestingly, with Evernote, they’re doing development and investing. But they raised prices hugely, to the point where I’ll cancel this year and move to Obsidian.