Adobe gives up on web-design product to rival Figma after deal collapse
71–80 of 233 posts
Re: Adobe gives up on web-design product to rival Figma after deal collapse
#72Earlier quoted context omitted.
>but did Figma even need to sell in the first place? I've worked a company that was profitable, operated well, growing ... but were sold and the CEO said (I'll get the words not quite right): "I fought for keeping independent and not selling, that's how I've kept that company and I wanted it to stay that way. But the offer was increased into the range where I didn't feel like I could survive a legal challenge (if it…
*good public businesses Private businesses don’t have to do anything and is where you get some of the best companies that exist and care about their customers like Patagonia. https://www.outsideonline.com/outdoor-gear/gear-news/patagon... Maybe it’s the only way out of the enshittification death spiral because there are no shareholders to destroy the company to “create value” for.
Every once in a while I'm tempted to work for a public company again since I might be able to earn slightly more, but after working for adults for so long it'd be hard to go back to a place where my responsibilities to users and shareholders are misaligned.
Re: Adobe gives up on web-design product to rival Figma after deal collapse
#73I still don't understand (as a DAW author) how there are so many more people doing various graphics tasks on computers, and relatively speaking so few significant apps to do them with, whereas there so many fewer people doing stuff with audio and more than a dozen serious contenders for the toolbox.
DAW is easier because images and video involve more data?
Also, images and video have either no timing requirements or very relaxed ones (human perceptual response to missing video frames is minimal; human perceptual response to missing audio deadlines is universal and significant).
Re: Adobe gives up on web-design product to rival Figma after deal collapse
#74Earlier quoted context omitted.
You will never get confirmation or citations for this sort of thing. What you can do is think for yourself as a dev in that team, would you stick around?
> What you can do is think for yourself as a dev in that team, would you stick around? Are paychecks still coming in, and do I still have a mortgage to pay?
And you'd work just as hard, too?
Re: Adobe gives up on web-design product to rival Figma after deal collapse
#75It is hard to believe that a company with the expertise of Adobe in graphics programming (Photoshop, Premier, After Effects, Illustrator) cannot build a vector design program. Adobe XD was almost there, and they made some great decisions in nooks and crannies usually forgotten - like bringing in Chrome rendering engineers to build a subset of HTML and CSS for the plugin ecosystem. While there are hundreds of little d…
It is hard to believe that a company with the expertise of Adobe in graphics programming (Photoshop, Premier, After Effects, Illustrator) cannot build a vector design program. Not for the workers using those tools. Adobe has been coasting for a decade if not more. Probably difficult to see from the outside if you're not directly using it daily.
They were always going to hit a ceiling on interesting features to implement, but they could’ve sold new CS versions on improvements in stability, performance, responsiveness, and efficiency (things that users care quite a lot about), but that kind of engineering work doesn’t work well with the cheaper model of continuously adding to the ball of mud.
Re: Adobe gives up on web-design product to rival Figma after deal collapse
#76Now 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? I've worked a company that was profitable, operated well, growing ... but were sold and the CEO said (I'll get the words not quite right): "I fought for keeping independent and not selling, that's how I've kept that company and I wanted it to stay that way. But the offer was increased into the range where I didn't feel like I could survive a legal challenge (if it…
But I don't think corporations should be considered people, either.
Re: Adobe gives up on web-design product to rival Figma after deal collapse
#77I still don't understand (as a DAW author) how there are so many more people doing various graphics tasks on computers, and relatively speaking so few significant apps to do them with, whereas there so many fewer people doing stuff with audio and more than a dozen serious contenders for the toolbox.
You can even tell this by the fact that there is a universe of plug-ins that work across many DAWs due to having somewhat standard interfaces.
The culture of audio creation before computers was already that you connected many devices from different manufacturers together for different specialised tasks. I mean even the term “plug-in” comes from the audio world as far as I can tell.
Re: Adobe gives up on web-design product to rival Figma after deal collapse
#78Earlier quoted context omitted.
>but did Figma even need to sell in the first place? I've worked a company that was profitable, operated well, growing ... but were sold and the CEO said (I'll get the words not quite right): "I fought for keeping independent and not selling, that's how I've kept that company and I wanted it to stay that way. But the offer was increased into the range where I didn't feel like I could survive a legal challenge (if it…
*good public businesses Private businesses don’t have to do anything and is where you get some of the best companies that exist and care about their customers like Patagonia. https://www.outsideonline.com/outdoor-gear/gear-news/patagon... Maybe it’s the only way out of the enshittification death spiral because there are no shareholders to destroy the company to “create value” for.
> Private businesses don’t have to do anything
Is this a baked-in legal distinction between public and private businesses, or is it that the company is supposed to do what the shareholders want and the shareholders of a private business are more likely than those of a public business to want something beyond ROI?
Re: Adobe gives up on web-design product to rival Figma after deal collapse
#79Earlier quoted context omitted.
>but did Figma even need to sell in the first place? I've worked a company that was profitable, operated well, growing ... but were sold and the CEO said (I'll get the words not quite right): "I fought for keeping independent and not selling, that's how I've kept that company and I wanted it to stay that way. But the offer was increased into the range where I didn't feel like I could survive a legal challenge (if it…
*good public businesses Private businesses don’t have to do anything and is where you get some of the best companies that exist and care about their customers like Patagonia. https://www.outsideonline.com/outdoor-gear/gear-news/patagon... Maybe it’s the only way out of the enshittification death spiral because there are no shareholders to destroy the company to “create value” for.
Re: Adobe gives up on web-design product to rival Figma after deal collapse
#80Earlier quoted context omitted.
>but did Figma even need to sell in the first place? I've worked a company that was profitable, operated well, growing ... but were sold and the CEO said (I'll get the words not quite right): "I fought for keeping independent and not selling, that's how I've kept that company and I wanted it to stay that way. But the offer was increased into the range where I didn't feel like I could survive a legal challenge (if it…
It makes sense as things are right now. It's anchored by a bunch of court decisions that arguably subvert the public interest. Do I think Shareholder value should be all that drives corporations? No. But I don't think corporations should be considered people, either.
Who should decide that? The shareholder's could also fire directors who did not accept the best offer?
I am not familiar with the US decisions you refer to, BUT the same thing would happen in the UK, for example, where I would expect the other directors and the shareholders to ensure a really good offer was accepted.