New Owner of Komoot Defends Acquisition Amid Criticism
Luca Ferrari, the CEO of Italian tech company Bending Spoons, has spoken out in defense of the acquisition of Komoot, a popular outdoor app, amid concerns over the future of the platform. In an interview with Capital, a German business magazine, Ferrari emphasized the potential for growth and innovation at Komoot, which was acquired by Bending Spoons in March.
Ferrari acknowledged the concerns of Komoot’s user base, which has grown to 45 million, but emphasized the strength of the product, its loyal customer base and the brand’s reputation. He also highlighted the company’s plans for product improvements and expansion into new markets, such as the United States.
The CEO defended the acquisition, saying that the goal is to make Komoot a more efficient and effective organization. This may involve significant job cuts, he acknowledged, but emphasized that the company handles such situations with care and generosity, offering “extremely generous severance packages that go far beyond what is usual on the market.”
Ferrari’s comments come as users of the app are worried about potential changes to the service, including increased costs and reduced investment in the app’s quality. The new owner’s plans to make the app more profitable have raised concerns and some users are wondering if the app’s unique features and user experience will be compromised.
Despite the concerns, Ferrari remains optimistic about the future of Komoot, saying that the app has a lot of room for growth and that the company is committed to improving the product and expanding its user base. The CEO’s statements are an attempt to reassure the app’s users and the public that the acquisition is a positive development for the company and its customers.