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Figma and Adobe abandon proposed merger

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Re: Figma and Adobe abandon proposed merger

#201

Post by j4yav »

bilekas wrote: post #148
madeofpalk wrote: post #6

Excellent news. I think there should be more products, more companies, and more competition. Adobe just buying up it's competition will only ever directly hurt consumers. See also, "Adobe says the FTC is looking into its subscription cancellation practices." https://www.theverge.com/2023/12/15/24003532/adobe-says-the-...

I agree to be honest, I do find it refreshing too that they're both Willing to part ways instead of trying to manipulate the system. I don't think this could just customers but even the companies themselves I don't see a loss.

It is refreshing that they weren't able to get away with it, anyway.

Re: Figma and Adobe abandon proposed merger

#202

Post by barnabee »

max_ wrote: post #112

This really makes me sad as an aspiring entrepreneur. What would be the use of starting a business if the government can arbitrarily block it from being acquired? I understand this happening in Europe but not America. I think America is going to lag behind in tech entrepreneurship just like Europe and I wonder what the next potential tech entrepreneurship hub will be.

Maybe you're an aspiring entrepreneur for the wrong reason, then.

Start a business to solve a problem.

If you really build something users like, with a decent market, you will do fine (as will/have the founders of Figma).

If you hope to use getting "acquihired" to get rich even if you fail, then sorry, the world doesn't need more founders like you.

Re: Figma and Adobe abandon proposed merger

#203

Post by pavlov »

capableweb wrote: post #55
pavlov wrote: post #43

Figma is VC-funded. Now that they’re not going to be part of Adobe, they’ll just more slowly turn into another Adobe because the investors want the exit. Prices will creep up, product segmentation will be introduced, pop-ups pushing expensive service add-ons will eventually appear. And when the revenue number is pumped enough, it goes public or is sold to private equity which has no trouble with antitrust regulators.

> Prices will creep up, product segmentation will be introduced, pop-ups pushing expensive service add-ons will eventually appear Have you used Figma lately? All of those things have been happening for years with Figma, even before rumors about the Adobe purchase appeared.

Yes. Which is why I’m surprised that people seem to think this break-up will prevent Figma from turning into yet another Adobe-like SaaS with heavy upsell.

Re: Figma and Adobe abandon proposed merger

#204

Post by cjaybo »

robertlagrant wrote: post #139
Drakim wrote: post #129

Earlier quoted context omitted.

Especially things like when a company owns the entire town and pays their workers in scrip. Both the company and worker is a consenting party, so the government should stay out of it. The problem with this ideology is that will destroy society and reduce it to ashes.

You think this is "ideology" that will cause that? > 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.

We could guess or we could refer to history to here. Maybe you would rather be doomed to repeat it?

Re: Figma and Adobe abandon proposed merger

#205

Post by cantSpellSober »

madeofpalk wrote: post #6

Excellent news. I think there should be more products, more companies, and more competition. Adobe just buying up it's competition will only ever directly hurt consumers. See also, "Adobe says the FTC is looking into its subscription cancellation practices." https://www.theverge.com/2023/12/15/24003532/adobe-says-the-...

What Adobe product is intended to compete with Figma, Adobe XD?

Re: Figma and Adobe abandon proposed merger

#207

Post by jen20 »

layer8 wrote: post #44
scarface_74 wrote: post #17

Earlier 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.

Luckily, successful companies can also be started without VC money.

Realistically, only by the already-wealthy - i.e. those for whom the cost of failure is less than complete personal ruin.

Admittedly these are the people getting the lions share of VC money in the first place though.

Re: Figma and Adobe abandon proposed merger

#208

Post by kibwen »

Every time a merger fails, an angel gets its wings.

Force megacorps to actually compete rather than just snapping up their potential competitors.

Force startups to aspire to create an actual product rather than just manipulating the lizard-brain fears of irrational megacorp execs in the hopes of a payout.

Re: Figma and Adobe abandon proposed merger

#209

Post by vikramkr »

bilekas wrote: post #148
madeofpalk wrote: post #6

Excellent news. I think there should be more products, more companies, and more competition. Adobe just buying up it's competition will only ever directly hurt consumers. See also, "Adobe says the FTC is looking into its subscription cancellation practices." https://www.theverge.com/2023/12/15/24003532/adobe-says-the-...

I agree to be honest, I do find it refreshing too that they're both Willing to part ways instead of trying to manipulate the system. I don't think this could just customers but even the companies themselves I don't see a loss.

They themselves said they spent 15 months trying to manipulate the system and are only doing this because they failed, let's not be naive about them doing this out of the goodness of their hearts lol

Re: Figma and Adobe abandon proposed merger

#210

Post by spaceman_2020 »

madeofpalk wrote: post #6

Excellent news. I think there should be more products, more companies, and more competition. Adobe just buying up it's competition will only ever directly hurt consumers. See also, "Adobe says the FTC is looking into its subscription cancellation practices." https://www.theverge.com/2023/12/15/24003532/adobe-says-the-...

imo, Adobe is falling behind. Photoshop's generative AI is substantially worse than what I can get from models on Tensorart/CivitAI + an upscaler.

It's way easier to produce something that can go live right now without much editing in CivitAI -> Upscale in Magnific -> Add to Canva.

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