Evernote
Grade FChurn Health Score: 24/100
Bending Spoons acquired, laid off 250 employees, doubled prices, slashed free tier to 50 notes. Exodus documented publicly.
“Bending Spoons doubled prices and slashed free tier to 50 notes. 15 years of notes, gone.”
Public Signals
- ·Annual personal plan doubled ($69.99 to $129.99) post-acquisition
- ·Free tier slashed to 50 notes total (not per month, absolute)
- ·Bending Spoons laid off ~250 US and Chile employees by mid-2023
- ·Follow the Money documented the Bending Spoons acquire-extract pattern publicly