Earlier quoted context omitted.
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?
it hasn't yet passed that review. which is standard for deals like this, announce first then the regulators have their say.
Adobe to acquire Figma for $20B
211–220 of 1001 posts
Re: Adobe to acquire Figma for $20B
#212Earlier quoted context omitted.
Adobe’s direct competitor is Adobe XD, which launched with practically no features and was slowly developed only to dwindle to death as a rarely used cloud service, while everyone does the important work in Figma. The parent comment is spot-on. Antitrust legislation needs to be invoked to prevent this acquisition from happening.
It amazes me that people posting on a YC controlled board whose entire purpose for existing is to fund startups long enough to get an exit - statistically most likely through an acquisition by a bigger company - wants to stop acquisitions. The funding environment for startups would be a lot worse if investors thought that the only way they could recoup their investments is through exits. Look how few of YC companies…
Re: Adobe to acquire Figma for $20B
#213No mention of Penpot[0] yet? [0] http://penpot.app
TIL of penpot from that comment - seems great tool!
Re: Adobe to acquire Figma for $20B
#214How can a 15B$ Revenue company can buy 20B$ company ?
Re: Adobe to acquire Figma for $20B
#215Re: Adobe to acquire Figma for $20B
#216Earlier quoted context omitted.
> Adobe can't eat penpot! That's the beauty of open source
It's kind of amazing to me that we've reached the point where using open source is not a matter of idealism, but rather risk management to guard against the threat of product regressions due to consumer-hostile takeovers.
Re: Adobe to acquire Figma for $20B
#217I'm surprised Figma is worth that much. For a while I was considering bootstrapping a business in this space and I was never very impressed with what I saw of Figma. Does not look that hard to compete with or replicate.
Then why haven’t you? Seems like a good opportunity to make a few billion now that Adobe has set a price.
I hear this all the time on HN. And yet, this rhetoric never seems to follow through.
Re: Adobe to acquire Figma for $20B
#218> By bringing powerful capabilities from Adobe’s imaging, photography, illustration, video, 3D and font technologies into the Figma platform, we can benefit all customers involved in the product design process, from designers to product managers to developers. Figma’s community will ultimately have a continuous user experience across ideation, screen layout, interaction design and content editing, allowing product de…
Re: Adobe to acquire Figma for $20B
#219And now all of the Figma users are saying "Oh [crap]... now I need to find a new tool to use." When is the last time Adobe acquired something and it improved? They destroyed Fireworks and Dreamweaver when they acquired Macromedia (which they only did because they wanted Flash). At this point I'm tempted to swear off Adobe products entirely -- except that the combo of Lightroom and Photoshop are the industry standard…
Re: Adobe to acquire Figma for $20B
#220Many 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…
Bad news for Figma.