Figma and Adobe abandon proposed merger

Post by sam1r » Mon, Dec 18, 2023, 11:16 PM UTC

tsycho wrote: post #549

[Pure speculation; I don't work in the UI space at all, and at neither of these companies] I wonder if Adobe is secretly happy about this. They were acquiring Figma at the peak of the market (for growth stock/startup valuations) because of the existential risks that Figma was threatening, due to their collaborative development UX. But since then: * Startup valuations have fallen. Ignoring regulatory concerns, a new a…

Post by bombcar » Mon, Dec 18, 2023, 11:22 PM UTC

vasco wrote: post #699

TedDoesntTalk wrote: post #654

Earlier quoted context omitted.

Bridge loan with $1b liquidity in 4 days? Or are bridge loans essentially open lines of credit?

I used the term bridge loan as a sort of umbrella term that might be technically not the best as my training isn't in finance and I know some of this stuff from exposure by proximity. What I'm referring to sometimes is also called a revolving line of credit, the most famous case was Enron's revolvers for example. The point is big banks will normally allow companies to take out large short term loans for this type of…

Post by lucubratory » Mon, Dec 18, 2023, 11:24 PM UTC

organsnyder wrote: post #839

lucubratory wrote: post #836

Earlier quoted context omitted.

What happened in 2013?

https://arstechnica.com/information-technology/2013/10/adobe...

Post by financypants » Mon, Dec 18, 2023, 11:30 PM UTC

solatic wrote: post #760

hn_throwaway_99 wrote: post #497

Earlier quoted context omitted.

I think this is my favorite comment of the year. We've all become so inured to the idea, especially in startup land, that the purpose of building a business is just the exit (and hopefully we can get out soon enough with someone else "holding the bag"). As you point out, if Figma can build a growing, profitable business, there is no reason they can't IPO at some point. But still, this shows how even the purpose of an…

> the original intention was to get access to public market funds to grow a business. Now it's usually just a method of "exit" to let retail investors take the lion's share of the risk Founders and employees would be totally OK with staying private, if the board would ever permit issuing a dividend. That's the "normal" way to have an "exit" (i.e. return profits to shareholders) without a public offering. The purpose…

Post by gibbitz » Mon, Dec 18, 2023, 11:32 PM UTC

doctorpangloss wrote: post #676

aliston wrote: post #666

Earlier quoted context omitted.

What's so bad about the Spotify app? For the most part, it looks like a bunch of lists (not so much spreadsheets) to me... As someone that is only tangentially in the design space, why do you think collaborative design works so poorly? I have noticed that, in engineering reviews, complex backend designs get scrutiny, but rarely "I feel..", "I prefer..." types of comments, whereas frontend teams get all types of those…

This is a stylized comment. It is a bunch of lists, but the UI is sometimes the lists are scrolling horizontally album covers, sometimes they are popping up from menu buttons, sometimes they go full screen and scroll normally, sometimes they are cut short to 5 elements and you cannot see more, sometimes they continue to 20 elements and you can press to see more, sometimes it's a list with headers that all contain mor…