Berkshire Hathaway to add $330 million to Bending Spoons, reaching 4% stake

Berkshire Hathaway is adding $330 million to Bending Spoons, taking its stake to 4%, Yahoo Finance reported Oct. 14. The stake comes via new shares, so cash funds the company. I read a fast follow-on like this as higher conviction, but it also concentrates risk in one recently listed name.