On Adobe acquiring Figma
build.typogram.co
On Adobe acquiring Figma
1–10 of 83 posts
Re: On Adobe acquiring Figma
#2The person that the Figma org will report it just recently was with Greylock investing in Figma? Even if he has no money in it himself, it smells like taking care of family and friends. They'd remember his largesse and return the favor somehow later.
Re: On Adobe acquiring Figma
#3Everything by Adobe could be much better if they weren't slumlords of software.
Re: On Adobe acquiring Figma
#4The person that the Figma org will report it just recently was with Greylock investing in Figma? Even if he has no money in it himself, it smells like taking care of family and friends. They'd remember his largesse and return the favor somehow later.
He was also at Adobe for 15yrs.
Re: On Adobe acquiring Figma
#5Adobe is not looking to replace XD. They are looking to kill Figma.
Re: On Adobe acquiring Figma
#6Adobe is not looking to replace XD. They are looking to kill Figma.
Why would they even want that? They paid 15% of their market cap (30 considering the drop) for a new shiny toy, and now they would just… cash it?
Doesn't make any sense, their incentive is to keep it great and working.
Whether they can is a completely different matter.
Re: On Adobe acquiring Figma
#7I think some separation time from his project will help him understand that the market did not agree with him.
Re: On Adobe acquiring Figma
#8I think some separation time from his project will help him understand that the market did not agree with him.
I thought the market did agree with him. Adobe's stock went down because the market, like the author, thought they paid too much, right?
Re: On Adobe acquiring Figma
#9Regarding the justifications for Figma's price:
> most startups cut their valuation by a lot in 2022
Most startups are not used by every single other startup, whereas I would be very surprised if any startup doesn't use Figma for UI design. I've never used Canva and never heard a company using it. The only time I heard of Canva is to create a nice looking CV. Comparing outliers to the average/most isn't very helpful.
> Another way to peek at a startup’s valuation is by revenue and growth multiplier.
That is clearly not the only factor in valuation. It also depends on Figma's cash, founders desperation (very low, especially to sell out to Adobe), acquirers desperation (very high), how unique is Figma (Sketch, Adobe XD and Canva are way worse), and loads more factors.
I would guess the real reason the Adobe price tanked was because it was a huge admission of defeat. Previously, you can't see how bad Adobe XD has performed, and now you know it's so low it doesn't matter. They can't build something people want. Nobody wants to use Adobe XD, even when IIRC, it was free at one point.
Re: On Adobe acquiring Figma
#10I simply believe Apple/Microsoft were circling Figma for an acquisition. That would be serious competition for Adobe and I imagine they got scared and threw the kitchen sink at Figma.
If you're Apple or Microsoft PM. Please make internal noise to purchase a Figma competitor like Sketch and give Adobe/Figma a run for it money. Adobe clearly doesn't like competition.