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Adobe to acquire Figma for $20B

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Re: Adobe to acquire Figma for $20B

#191

Post by rvz »

In at least less than 1 year or two, Dylan Field will leave Adobe / Figma.

This is the entire operation of how companies with tons of VC capital just work.

Now I see commenters complaining about 'anti-trust', 'anti-competition', etc. Given that you are now doing this, why not also complain about the very practises that violate anti-trust laws and anti-competition laws regularly done by Big Tech in general by blocking those deals and giving massive fines in the billions which will deter these sort of acquisitions and anti-competitive behaviour, like what happened to Plaid and VISA for example and the up-coming investigations into the Microsoft, Activision-Blizzard acquisition, etc.

We should not turn a blind eye on this and do nothing because it is Amazon, Google, Microsoft, VISA, or even Adobe or any other company that is part of Big Tech and does acquisitions like this.

Re: Adobe to acquire Figma for $20B

#192

Post by cutler »

papito wrote: post #89
nayroclade wrote: post #54

Many years ago, when Adobe bought Macromedia, they acquired a tool called Fireworks[1]. This was a combined bitmap and vector editor that was incredibly well-optimised for user-interface and web design, at a time when most designers were paying exorbitant license fees to do such work painfully and slowly in Photoshop and Illustrator. Fireworks was cheap, powerful, and hugely ahead of its time. Many of the features an…

Ah, Fireworks, Dreamweaver, Geocities. I miss the days when the Internet was full of magic and wonders, and not dumpster fires.

Pre-WordPress.

Re: Adobe to acquire Figma for $20B

#193

Post by rchaud »

cj wrote: post #10
rchaud wrote: post #6

End of the line for Adobe XD if this happens? I like Figma a lot, but I'm glad I have an old copy of Sketch to fall back on. Adobe and its forever subscription model will eventually get applied to Figma.

> Adobe and its forever subscription model will eventually get applied to Figma. Figma is already a “forever subscription”. It’s a SaaS subscription.

I meant the free tier.

Re: Adobe to acquire Figma for $20B

#194

Post by kylemh »

baggiponte wrote: post #72
pembrook wrote: post #22

I’d put the odds at about 95% that Adobe will ruin Figma with bloat, 14 different “Creative Cloud” background processes, and hostile pricing models within 5 years. This is huge news for Sketch. However, to be honest, this is the type of acquisition that should be blocked IMO. Adobe is literally acquiring a direct competitor here. To me the consumer harm is pretty clear. Instead of a more competent org (Figma) growing…

Totally agree I don’t get why antitrust gave the okay to this…

can antitrust prevent public companies from acquiring private companies?

Re: Adobe to acquire Figma for $20B

#195

Post by lnxg33k1 »

nayroclade wrote: post #54

Many years ago, when Adobe bought Macromedia, they acquired a tool called Fireworks[1]. This was a combined bitmap and vector editor that was incredibly well-optimised for user-interface and web design, at a time when most designers were paying exorbitant license fees to do such work painfully and slowly in Photoshop and Illustrator. Fireworks was cheap, powerful, and hugely ahead of its time. Many of the features an…

But when these big corps buy and potentially kill products shrinking competition, where the hell is antitrust to be found? Like are the guys there sleeping well? Would they like a massage?

Re: Adobe to acquire Figma for $20B

#196

Post by sophacles »

nayroclade wrote: post #54

Many years ago, when Adobe bought Macromedia, they acquired a tool called Fireworks[1]. This was a combined bitmap and vector editor that was incredibly well-optimised for user-interface and web design, at a time when most designers were paying exorbitant license fees to do such work painfully and slowly in Photoshop and Illustrator. Fireworks was cheap, powerful, and hugely ahead of its time. Many of the features an…

Hey, at least they kept flash alive...

Re: Adobe to acquire Figma for $20B

#197

Post by vouaobrasil »

scarface74 wrote: post #160
vouaobrasil wrote: post #87

Earlier quoted context omitted.

I actually think we need new antitrust laws that are a bit more proactive when it comes to super-massive companies like Adobe. Such companies have learned to be much more cunning when it comes to get around existing laws, and plus they have much more money than ever.

What do you think happens to VC investments when it’s harder for companies to be acquired? If you were a founder and wanted to sell your company, would you want the government telling you that you can’t sell it for the best price?

Of course not, I would be selfish and want the billion dollars. But maybe a culture of creating small companies out of VC capital only to be acquired by megacorps is not the best way forward for society. I also don't like paying taxes, but that doesn't mean there shouldn't be any.

Re: Adobe to acquire Figma for $20B

#198

Post by DoctorOW »

ethanbond wrote: post #166
oooofigma wrote: post #144

Earlier quoted context omitted.

Making 9 sliced graphics for the web is obsolete though. That said Flash also supported a bunch of innovation for its time, and it too was obsoleted. Maybe 9 slice graphic were already dead at Fireworks’ peak. Figma is officially way more overrated than this stuff ever was. Does anyone know a person who’s like, bonafide smart, using Figma? I feel like everyone I know who does “Figma” day to day is doing negative ROI…

Well if your definition of bonafide smart is that they’re an engineer, then there are pretty few. If you think design and visual communication has any value whatsoever, then yeah, lots of people are using it, some of whom are very smart. That’s why they’re worth $20B after all.

I like the community here overall but there are far too many discussions tainted by the implicit assumption that if (royal) you see yourself as valuable then others value is synonymous with their similarity to you.

Re: Adobe to acquire Figma for $20B

#200

Post by torton »

yuchi wrote: post #18

If true, congratulations for Figma founders, and a bad day for designers that were looking for a way to escape from Adobe. I don’t think that in the long term this will give Figma as an ecosystem any benefit — unless Adobe will keep it separate from the main Creative Cloud. This reminds me of the Trello acquisition. As a loyal Figma user I’m pretty sceptical of the future. Hope to be wrong. UPDATE: Looks like it is i…

I'm a long time user of Trello. After the acquisition, Atlassian foisted their login system on Trello users, but otherwise didn't substantially degrade the product.

The integration with other Atlassian services improved. There is a variety of plug-ins now, and new ways to display the data for paid plans.

Do you feel different? Any specific examples of what became worse?

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