Earlier quoted context omitted.
It is. Unfortunately our laws against anti-competitive behaviours are very weak.
thankfully, there is also Europe!
Unfortunately I am European! IMO our anti-competition laws are weak even here.
Adobe to acquire Figma for $20B
801–810 of 1001 posts
Re: Adobe to acquire Figma for $20B
#802Earlier quoted context omitted.
Adobe has XD, which is a direct competitor to Figma as a vector based design tool that includes prototyping functionality.
Thanks, I've never actually seen anyone use it in practice but turns out that Figma has a 31.73% market share in the Collaborative Design And Prototyping category, while Adobe XD has a 15.14% market share in the same space
Where are these stats from?
Re: Adobe to acquire Figma for $20B
#803So what I'm hearing is there's a market opportunity to go rebuild Figma, just without being owned by Adobe
Yes!
Re: Adobe to acquire Figma for $20B
#804How is this not anti-trust? I’d be surprised if it doesn’t get caught in anti-trust issues in the EU.
Re: Adobe to acquire Figma for $20B
#805Earlier quoted context omitted.
Can someone plz enlighten me how Figma competes with Adobe? AFAIK Web/app designers use either Sketch or Figma, publishers use Illustrator and photographers use Photoshop/Lightroom. At least that's how it's been back in the day. Is that no longer the case?
That whole market was Photoshop and Illustrator for a long time. That changed because of better and cheaper alternatives (like Sketch). They have tried and failed to get it back and now seem to have given up on competing and just bought the competition instead. It's also not just UI. Figma is a very capable vector and general purpose graphic tool. Figma made a lot of common things much easier than they are in Illustr…
While Figma is a great vector tool it doesn't hold a candle to Photoshop when it comes to image editing. There's a reason photographers use Photoshop for retouching photos.
Re: Adobe to acquire Figma for $20B
#806Figma could have been much bigger than adobe in 5-10 years. Why not go public? Is the economic scenario so bad that they could not raise money?
$20b is an offer nobody can refuse. Bird in hand and all that
Re: Adobe to acquire Figma for $20B
#807Earlier quoted context omitted.
Adobe loses the game with their skill and use money to win it. Figma won the game with their skill but lose the money game.
Adobe got the money in the first place via skill. Photoshop has been the leading photo editing software for a generation. Hundreds of companies over decades, some with deep pockets, have tried to knock them off and have failed. Figma didn't lose the money game, they sold out specifically to reap the money. The owners of Figma - where the profits tend to go in a business - are extracting at an epic scale. They sold ou…
Arguably, the money game is exactly what Figma was playing all along. Dylan's good at this game, as are the VCs he partnered with.
Figma's flagship product was private equity. The design tool was secondary.
Re: Adobe to acquire Figma for $20B
#808Here’s hoping Amy Klobuchar and the FTC and anyone else who wants to see competition blocks this sale.
Re: Adobe to acquire Figma for $20B
#809'Adobe acquires Figma for $20B using revenue from years of price increases e.g. [0]
[0] 'Adobe has more than doubled the price of Creative Cloud in Australia since 2014 (2017)' https://www.lifehacker.com.au/2017/05/reminder-renew-your-ad...
Re: Adobe to acquire Figma for $20B
#810This is Aldus Superpaint all over again...