231–240 of 1001 posts
I am opening a bottle of champagne as we speak. It is time to remove electron based app and invest in something that will have a proper memory management. Not only 2gb. My phone has more than this. You have cornered the market. Now deliver.
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Clearly Figma is providing a valuable product to the market. In part visible here by how people celebrate this decision. But people are celebrating Figma's continued independence without understanding that without the possibility of being acquired for a large amount of money, the funding and incentive situation that resulted in the beloved independent Figma wouldn't exist. This is not as much about Figma, which is bi…
> beloved independent Figma wouldn't exist. Are you saying that the business of "we make a thing and we ask for money from our users for said thing" model cannot work? > Why would anyone go worth at a small company for equity if there's no chance to get liquidity? Why would investors invest? Presumably because they hope the company become successful and it sells many licences and they get a share from that pile of mo…
I'm saying that companies like Figma, which has raised $333 million dollars in venture capital, at up to a $10bn valuation, cannot exist if those investors don't see sufficient options for liquidity.
And given that people strongly value companies like Figma, as evident in this very thread, that would be a bad outcome all in all. The only market participants for whom this wouldn't be a bad outcomes would be big, established businesses that have to fear less startup competition.
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.
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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.
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-...
It 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.
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I still mourn the end of Freehand. Illustrator’s UI never matched Freehand.
And Fireworks
Anyone else think this has nothing to do with the regulatory agencies but instead the market has dramatically shifted in the past 15 months in terms of valuations and this is a nice cover to cancel the deal? Figma still gets $1B "investment" without giving up any equity or control and Adobe gets to walk away from a massive $20B fee. Adobe makes $17B a year in revenue, they would need some pretty strong growth out of…
Nah, I think this is truly a case of regulatory agencies shutting the deal down. Adobe knows Figma is best-in-class in their category, and even in the current market downturn, $20b still feels like a good bet to own the winner in and up and coming category for the next 5-10 years
And Adobe already has its own massive trove of copyright images that it can use for much better generative AI.
I think the last year has put adobe in a much stronger position and figma in a much worse position.