11–20 of 44 posts
Earlier quoted context omitted.
The US govts primary concern is not figma shareholders. It's US citizens as it should be. The harm to citizens outweighs the benefit to shareholders by too much in this case to allow it.
What’s the implied harm to citizens?
I'm a longtime Figma user and selfishly I hope they don't get sold to Adobe. That said...The sale was rumored to be about $20b. Does anyone really think that Figma has any chance of producing a return to shareholders even close to that sale price even if they charge customers aggressively?
Kanpai!
I'm a longtime Figma user and selfishly I hope they don't get sold to Adobe. That said...The sale was rumored to be about $20b. Does anyone really think that Figma has any chance of producing a return to shareholders even close to that sale price even if they charge customers aggressively?
Strangely enough every actor here is doing the right thing. Adobe is serving their shareholder interests by munching up the competition, Figma is selling to Adobe because of the reasons you outlined, and the regulators are stepping in to represent the interests of the public. This is very much the system working as-designed
> The $20 billion purchase price for Figma equated to 50 times its forecast $400 million annualized recurring revenues in 2022
If you think that serves Adobe shareholder interest, you are mistaken.
Earlier quoted context omitted.
Strangely enough every actor here is doing the right thing. Adobe is serving their shareholder interests by munching up the competition, Figma is selling to Adobe because of the reasons you outlined, and the regulators are stepping in to represent the interests of the public. This is very much the system working as-designed
No, something is off: > The $20 billion purchase price for Figma equated to 50 times its forecast $400 million annualized recurring revenues in 2022 If you think that serves Adobe shareholder interest, you are mistaken.
Earlier quoted context omitted.
Strangely enough every actor here is doing the right thing. Adobe is serving their shareholder interests by munching up the competition, Figma is selling to Adobe because of the reasons you outlined, and the regulators are stepping in to represent the interests of the public. This is very much the system working as-designed
No, something is off: > The $20 billion purchase price for Figma equated to 50 times its forecast $400 million annualized recurring revenues in 2022 If you think that serves Adobe shareholder interest, you are mistaken.
I'm a longtime Figma user and selfishly I hope they don't get sold to Adobe. That said...The sale was rumored to be about $20b. Does anyone really think that Figma has any chance of producing a return to shareholders even close to that sale price even if they charge customers aggressively?
Strangely enough every actor here is doing the right thing. Adobe is serving their shareholder interests by munching up the competition, Figma is selling to Adobe because of the reasons you outlined, and the regulators are stepping in to represent the interests of the public. This is very much the system working as-designed
The system was designed to criminalize any attempt to monopolize, not just block the transaction.
The Sherman antitrust act was quite clear about it:
> Sec. 2. Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a misdemeanor, and, on conviction thereof; shall be punished by fine not exceeding five thousand dollars, or by imprisonment not exceeding one year, or by both said punishments, in the discretion of the court.
Later it was made a felony.
It is not enforced this way by the courts.
Earlier quoted context omitted.
Strangely enough every actor here is doing the right thing. Adobe is serving their shareholder interests by munching up the competition, Figma is selling to Adobe because of the reasons you outlined, and the regulators are stepping in to represent the interests of the public. This is very much the system working as-designed
No, something is off: > The $20 billion purchase price for Figma equated to 50 times its forecast $400 million annualized recurring revenues in 2022 If you think that serves Adobe shareholder interest, you are mistaken.
Adobe rightfully sees itself standing on the edge of a cliff. Adobe XD, despite having some great features, was handily clobbered in the market first by Sketch, and then by the vastly lighter-weight Figma. Beyond that, Figma has a great, intuitive, smooth interface for making vector graphics. It's not nearly as powerful as Illustrator, but easily does what most interface and web designers need, and that's probably a huge chunk of Illustrator's market rather than the more intensive digital artist users.
If they lose Illustrator, the ecosystem is a lot less valuable. Photoshop has significant competition from relative newcomers and print media, etc. made in InDesign is has much less gravity than it used to.
So rather than trying to make better and more innovative products in earnest, they're going to try to buy and suppress their competition just like Autodesk and so many other dinosaur graphics companies.