Now Figma can become the de-facto choice for its software category and a merger was proved to be ultimately unnecessary for its survival and was a clear attempt at Adobe trying to buyout their competition because they can't seem to compete. I think overall this is a good thing. Adobe owning Figma isn't a great promise that it would be make Figma better, improve Figma in any way, nor keep Figma on the path of making h…
> a clear attempt at Adobe trying to buyout their competition because they can't seem to compete. You paint this like it's a bad thing, that's why many acquisitions occur.
Just because it’s relatively common doesn’t mean it’s good..
Now Figma can become the de-facto choice for its software category and a merger was proved to be ultimately unnecessary for its survival and was a clear attempt at Adobe trying to buyout their competition because they can't seem to compete. I think overall this is a good thing. Adobe owning Figma isn't a great promise that it would be make Figma better, improve Figma in any way, nor keep Figma on the path of making h…
> a clear attempt at Adobe trying to buyout their competition because they can't seem to compete. You paint this like it's a bad thing, that's why many acquisitions occur.
> You paint this like it's a bad thing, that's why many acquisitions occur.
Now Figma can become the de-facto choice for its software category and a merger was proved to be ultimately unnecessary for its survival and was a clear attempt at Adobe trying to buyout their competition because they can't seem to compete. I think overall this is a good thing. Adobe owning Figma isn't a great promise that it would be make Figma better, improve Figma in any way, nor keep Figma on the path of making h…
> a clear attempt at Adobe trying to buyout their competition because they can't seem to compete. You paint this like it's a bad thing, that's why many acquisitions occur.
It's a bad thing if their intention is to buy out the competition, learn nothing from them, shut it down, and continue being something people use for lack of options, not because it's good.
Now Figma can become the de-facto choice for its software category and a merger was proved to be ultimately unnecessary for its survival and was a clear attempt at Adobe trying to buyout their competition because they can't seem to compete. I think overall this is a good thing. Adobe owning Figma isn't a great promise that it would be make Figma better, improve Figma in any way, nor keep Figma on the path of making h…
> a clear attempt at Adobe trying to buyout their competition because they can't seem to compete. You paint this like it's a bad thing, that's why many acquisitions occur.
It would have been a bad thing for consumers, which is why it's good that it was blocked by regulators. I don't believe it's always the case that an acquisition of a competitor by a large company is a bad thing, but it would have been in this one for sure.
The only problem is that it ruined my optimism about Figma's leadership and direction without actually changing the status quo at all.
Now Figma can become the de-facto choice for its software category and a merger was proved to be ultimately unnecessary for its survival and was a clear attempt at Adobe trying to buyout their competition because they can't seem to compete. I think overall this is a good thing. Adobe owning Figma isn't a great promise that it would be make Figma better, improve Figma in any way, nor keep Figma on the path of making h…
> a clear attempt at Adobe trying to buyout their competition because they can't seem to compete. You paint this like it's a bad thing, that's why many acquisitions occur.
Well it is obviously a bad thing, and goes to the heart of antitrust. US regulators understood this clearly all the way up until Reagan, and his DOJ instituted a paradigm shift that let companies get away with obliterating their competition through acquisitions - instead of assessing whether companies could compete in a healthy market, the focus became solely the impact on consumers. That’s why, under this new-ish paradigm, Amazon is fine, because prices are kept low through monopolistic and monopsonistic effects. The EU has a better enforcement paradigm that says a healthy economy can only exist where new market entrants can also earn a living, even if it means consumer prices aren’t the lowest they could possibly be.
Was this the plan all along? 1B for all that due diligence information seems cheap, i imagine there are a couple of teams rushing to implement at Adobe right now.
This article is about Adobe getting out of this business. I'd think if they were "rushing to implement" they'd keep the existing product around and either integrate things into it or wait to kill it until they have a replacement. Also, while it's not perfect, there tends to be a fair amount of firewalling around that sort of due diligence to keep an acquirer from just ripping everything off with inside information ga…
> This article is about Adobe getting out of this business.
That's an enormous leap from, "We have no plans to further invest in it". It's more likely that they're going to create a new, Sensei-based solution in this category instead of creating yet another Figma-/Sketch-type solution.
Adobe XD was meant to take on Sketch, and failed at that, which meant it was fully two generations behind Figma. They couldn't compete, and as a company they have no capacity for making innovative web design products. They do seem to have a capacity for ruining the ones they buy, so I'm glad this attempt failed.
Google Video was killed after the YouTube acquisition and YT flourished under Google.
YouTube was bought mainly because Google Video was failing as a platform. About the only thing it ever offered over YouTube were longform lectures and presentations. Combining the two platforms (e.g. allowing longer videos but using YouTube's social interface) just made YouTube better.
Isn't there something about that seeking in movies was only possible in Google Video and not on (original) YouTube?
So they ended up with the YouTube frontend and mostly Google Video backend?
Now Figma can become the de-facto choice for its software category and a merger was proved to be ultimately unnecessary for its survival and was a clear attempt at Adobe trying to buyout their competition because they can't seem to compete. I think overall this is a good thing. Adobe owning Figma isn't a great promise that it would be make Figma better, improve Figma in any way, nor keep Figma on the path of making h…
> but did Figma even need to sell in the first place?
It’s pretty clear Figma in 5-10 years could make photo and video editing products that outperform Adobe and Adobe can’t even make one web product as good as Fireworks was that they killed so yeah no Figma has no need for Adobe.
Figma has an outstanding engineering team you can tell just by using the app, Adobes dev team it’s questionable how much of Photoshop and AE they even understand how it works as they so rarely try and fix any of it and when they do they tend to break something.
Kinda feel the Photoshop and AE codebases are probably like an ancient untranslated artifact to their current dev team.
Killing Adobe XD because they couldn't buy Figma for $20 billion means to me that they would never have been a good owner for Figma. XD may have not had as many features as Figma, but it was still a decent program and could have been a very good competitor to Figma for far less than the cost of buying out that company. The buy-in of Adobe's subscription model was a compelling reason for my employers to provide only X…
This isn't the first time Adobe has taken a decent app w/ potential and run it into the ground: Dreamweaver did many things, not all of them well, but it was never actively terrible. Over time, its functionality got split out into more apps that didn't actually require people to write web code - a disappointment that shouldn't surprise as Adobe's heart was still w/ print production and never really committed to the d…
Fireworks actually had a lot of features people gushed about Sketch and Figma having close to a decade before they existed.
Adobe never understood this and tried to push web design into PS and AI then killed FW.