Figma got out better than it was before. It's still a strong product. And Adobe abandoned XD basically giving up this market to Figma.
Figma and Adobe abandon proposed merger
101–110 of 1001 posts
Re: Figma and Adobe abandon proposed merger
#102Earlier quoted context omitted.
Yeah I miss Adobe Lightroom but you don’t get to install it, adobe takes over your computer
It’s total madness, isn’t it. Long time user, from 1-5, then everything fell apart with CC, subscriptions and the clusterfuck of shite installed on my Mac.
> then everything fell apart with CC, subscriptions and the clusterfuck of shite installed on my Mac
except it also made Adobe more valuable than it ever was before and pretty much jump-started the ARR / SaaS valuation model that defines Tech today, so it's not ever going away
Re: Figma and Adobe abandon proposed merger
#103Earlier quoted context omitted.
I'm fine with some other company buying-up Figma, just not Adobe. Microsoft could buy them (and hopefully not repeat what happened to Expression Blend) - or maybe Alludo could resurrect the Corel brand and launch Figma under that title?
The reality is that for extremely high-growth companies such as Figma, only companies with an extremely strong existing business and strategic fit can afford to acquire them. Corel, for example, was valued at $1bn in their 2019 acquisition. There's absolutely no way they could acquire Figma. At the same time, VCs are betting on Figma-like outsized exits for their model work. I get people are dying to stick it to the…
How would Figma be disruptive or weakening tech giants if their plan is to be acquired by them?
Re: Figma and Adobe abandon proposed merger
#104Earlier quoted context omitted.
Which I think is overall good for the consumer, many of the companies are only merging to lessen competition, not provide any extra value to us.
The value accrues in the form of incentivizing new products and companies to enter the market. The two options these founders (and their investors) have to capitalize on building a good company is to either go public or get acquired. Severely limiting the ability to be acquired reduces the incentives for new founders as well as investors in new companies if the only realistic path is waiting for them to go public. Es…
I can't think of a single time that was overall beneficial for the US in the last decade. A bunch of time sucking sites I don't consider life improving. It won't stop small business and it'll stop big companies from their shitty VC style squeeze everyone out of the market tactic? I don't mind losing that 'value'.
Re: Figma and Adobe abandon proposed merger
#105Earlier quoted context omitted.
Except outlawing acquisitions by larger tech companies will absolutely reduce funding and incentives to start companies, and result in less products, less companies, and less competition.
I think it's fine if no one starts vampiric companies that dump free services on the public destroying the perceived value of software for the purpose of a fast unicorn exit. Of course, these companies always look to advertising for funding so they are obtrusive. Unless you are thinking of real companies that would be affected by this ban? Retail stores don't care about this ban. Companies that sell real products wou…
But Figma isn’t a vampiric company dumping free services for the purpose of a fast exit. It’s been around for over a decade and charges _more_ for its principal product than Adobe charges for comparable products.
So by your own definition, real companies are affected by this!
Re: Figma and Adobe abandon proposed merger
#106Earlier quoted context omitted.
Public approval like this is a good signal to send to the regulators (and disapproval when they fail to do their job) -- it helps counterbalance the pressure from lobbyists and politicians aligned with industries.
What’s the best way to send signals to regulators?
I think more people talking about it publicly on social media will do. Today, social media seems to drive at least some part of traditional media coverage, and traditional media coverage at least in part drives political debate and at least a part of that drives actual policy.
Re: Figma and Adobe abandon proposed merger
#107It looks like regulators are actually doing their job. I would love to see more of this, along with breaking up companies that have gotten too big for their britches.
The entire purpose of starting a company is to get acquired. Of the literally hundreds of companies that YC has invested in, only 5 have gone public. The VC market will dry up even more if they see their chances of an exit diminishing because of an overzealous government.
This page indicates that YC invested in 18 companies that went public.
Re: Figma and Adobe abandon proposed merger
#108Earlier quoted context omitted.
The entire purpose of starting a company is to get acquired. Of the literally hundreds of companies that YC has invested in, only 5 have gone public. The VC market will dry up even more if they see their chances of an exit diminishing because of an overzealous government.
I think the state of “build to be acquired” is actually pretty gross and I wouldn’t mind it being pruned back a bit. To call this “overzealous government” is a bit ridiculous. Figma being acquired by Adobe was not good for customers, in most cases the government just allows shit like this to happen, this is the exception, not the rule.
> in most cases the government just allows shit like this to happen
Good. Agreements should as much as possible be free between consenting parties. It shouldn't be normal to expect the government to be involved in approving things except where there's a great reason to need it.
Re: Figma and Adobe abandon proposed merger
#109Great news. Adobe is already the kind of company that should be forcefully closed down for scamming people with their subscription practices. The sign up, and cancelling process of their various services are so "dark design" it's criminal. I've had to wait in a chat window for days to have a service cancelled after signing up for something i clearly didn't sign up for, a yearly payment instead of a monthly with no wa…
I have the feeling this is only getting worse now that borrowing money is suddenly more expensive..
Re: Figma and Adobe abandon proposed merger
#110Earlier quoted context omitted.
The entire purpose of starting a company is to get acquired. Of the literally hundreds of companies that YC has invested in, only 5 have gone public. The VC market will dry up even more if they see their chances of an exit diminishing because of an overzealous government.
> The entire purpose of starting a company is to get acquired. The vast majority of companies are little "lifestyle" businesses without any intention of ever getting acquired by anyone. Your local pizza shop doesn't expect to be a unicorn.
And *this* is The Key difference between an entrepreneur and a mom & pop.
That said, even a mom & pop should be mindful of exit. What happens when the owner(s) wants to retire? Or has a serious health issue? Or has a family member with a health issue? Etc.?
You don't have to be a unicorn to build something that someone else wants to acquire.
Editorial: And this is why I dislike words like solopreneur, mompreneur, and so on. Sure you can have a one person business with a steady revenue stream. But that's not a 'preneur. If you are the business and the business is you, you're ability to exit is highly limited. That's not a 'preneur. If you get hit by a bus and your customers are screwed and the business tanks. That's not a 'preneur. You're much closer to a m&p TBH.
I realize that's counter to conventional wisdom on social media, but such snake oil ideas deserve to be called out already.