Richard Haldenby expresses shock at Harvest app's 1500% price hike following its acquisition by Bending Spoons.
Richard Haldenby, head of a UK consultancy firm, reported a significant price increase for the Harvest timesheet and invoicing app after its acquisition by the Italian tech company Bending Spoons. The monthly bill for Haldenby's firm rose from $130 to $2,110, representing a massive hike in costs. This change reflects a shift from a flat monthly fee per user to a usage-based pricing model that accounts for projects, clients, and revenue. Analysts have criticized the move for its lack of transparency, noting that businesses cannot predict costs until the end of the month. While Haldenby was offered a discount, he plans to migrate to a competing service, citing corporate greed. The price hike follows a pattern of monetization for Bending Spoons, which has a50 major tech firms and a track record of raising prices for legacy users after acquisition.