401–410 of 1001 posts
The UK regulator blew this deal up. Founders should think twice about doing business in the UK.
Your analysis seems extremely short-sighted.
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Adobes cancellation practices are literally illegal in the Netherlands by the way. The deceptive trick of "pay monthly for a full year" and then hitting you with the cancellation fee is against local law. (It's called de wet van Dam for the curious.) You have to threaten their customer support with legal complaints to make them comply with it, it's super frustrating to deal with. They do fold immediately when you do…
I recommend using virtual credit cards for subscriptions. I just cancel the card if the account cancellation process is hostile in anyway.
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Also that their cancellation window has limits on both sides - I told them more than six months I advance to cancel my renewal and the refused and toll me to call up again in a particular 30 day period close to the expiry date...
When your business has to depend on subscription engineering like this, it means the underlying product is not good enough to stand on it's own feet.
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I don't think that's a correct analysis. Adobe is very good at building software. It's not the problem. It's not that Adobe can't compete with Figma. It's that they don't want to. Adobe has a great engineering team and ships wonderful products. The problem with Adobe is that the business side is anticompetitive, exploitative, and sleazy. Buying Figma, they lose a competitor. Competitors have a nasty tendency to expan…
> Adobe is very good at building software. Is that actually true? XD attempted to directly compete with Sketch and Figma, and was not generally considered to be a success at that primarily because they couldn’t ship features fast enough to catch up.
As a former designer, I can tell you from experience that the designers I encountered would much rather have the newest tools at their hand for a subscription fee than be behind in software. There's so much the competitors cannot do (or can't do well), and if your prodcut doesn't work on a subscription model you're never going to be giving the latest features away in updates.
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I wonder what this does to their valuation? It's not really my area so I don't know, but once a company is willing to buy you at a certain price, you're kinda "worth" that price right?
There was only one company to which Figma was worth $20 billion and that was Adobe, because it was a long term threat. I just hope Google or Msft doesn't get any funny idea to buy Figma.
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This sounds it might be like a hallucination. I've never heard of any "Domestic Bribery Act" and I'm unable to find one in cursory online searching. (In 18 USC there are prohibitions on bribing public officials, but that doesn't seem relevant here.)
Fascinating, i think you are correct. This website at least suggests that there are some other laws regarding domestic bribes: https://www.globalcompliancenews.com/anti-corruption/anti-co... But "Domestic Bribery Act" seems to be a hallucination. I have so far only encountered fake sources or links that don't exist, this kind of hallucination is new and unexpected. Thanks for making me aware of this, quite scary how…
I don’t think it’s new or unexpected at all. Remember the lawyers who used ChatGPT and it ended up fabricating case law?
ChatGPT is interesting and all but it’s seriously untrustworthy.
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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.
I'm in the same boat. A very long time user and I really liked everything about it. When they started pulling that subscription shit with tons of crapware I had enough. Cancelling subscription (even a short one) was also a terrible (I would even call it criminal) experience. Tried couple of alternatives, and frankly I don't like them. They are either slow, got abandoned in a year or have unintuitive workflows. I woul…