Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Adobe to acquire Figma for $20B

bloomberg.com

Post reply on HN
Print view View original

951–960 of 1001 posts

Re: Adobe to acquire Figma for $20B

#951

Post by nindalf »

jaxrtech wrote: post #880
epolanski wrote: post #870

Earlier quoted context omitted.

I count more software that has been ruined and/or killed by acquisitions than the one bred by those.

Would agree in large part. I think the ones that were successful, they're successful enough that you forget it was an acquisition. One off the top my head is Google Docs[1] which, for the longest time, I was pretty sure it was in-house tech. It's actually a number of acquisitions for the collaborative editor tech and then MS Office support. It seems now that most incumbents have enough cash to not care about being th…

How about Android? The original team joined Google and pivoted their product once the iPhone was demoed.

Re: Adobe to acquire Figma for $20B

#952

Post by svnt »

BonoboIO wrote: post #548
hackitup7 wrote: post #458

So smart for both Adobe and Figma. Figma posed a serious threat to Adobe and it makes sense for them to do it. The losers are all of us poor sods who were happy Figma customers. Just goes to show that if you want an outsized exit multiple the best way is to put a gun to a $100B company's head.

Perfect summary. Nothing to add. I find it odd that sometimes, founders want only one thing, to be number 1. At first its a good thing, but if that doesn't work their goal is destroying their company. When you can sell your company for X billions instead of XX billions ... you succeeded in life. Show me one real thing that you can do with XX billions, that is not possible with X billions. Excluding a star destroyer ;…

> a star destroyer

Come on. Twitter is bad, but not that bad.

Re: Adobe to acquire Figma for $20B

#954

Post by ajdegol »

spaceman_2020 wrote: post #521
joshe wrote: post #379

This is probably the only tech acquisition that's ever made me sad. I just hate Adobe so much. The nightmare of their installer, the weird store with horrible designs popping up when you activate normal ui stuff, the difficulty in canceling a subscription, and the stasis in their product and ui. Oh and the sloppiness of Lightroom on mac with it's weird ui and that it didn't even import and manage photos well. I've be…

For a large company, they also have pretty shady pricing. Like their “annual plan, paid monthly”. You’d think you’re just paying for the monthly subscription, but they hide the fact that you have to pay a penalty for early cancellation in the fine print. Dishonest, expensive, slow.

Yes, their "3 months for 3" and then: oh, now you're locked into a paying 12 month contract was absolutely the last straw for me. Swore off their products.

Re: Adobe to acquire Figma for $20B

#955

Post by neop1x »

joshe wrote: post #379

This is probably the only tech acquisition that's ever made me sad. I just hate Adobe so much. The nightmare of their installer, the weird store with horrible designs popping up when you activate normal ui stuff, the difficulty in canceling a subscription, and the stasis in their product and ui. Oh and the sloppiness of Lightroom on mac with it's weird ui and that it didn't even import and manage photos well. I've be…

Figma was not generating profit and they also started doing some shady practices according to this guy. I was not Figma user so I don't know if that is true but this seems like an interesting video opinion on it https://youtu.be/xpCqZwMekCI

Re: Adobe to acquire Figma for $20B

#956

Post by nly »

71bw wrote: post #947
DecoPerson wrote: post #905

Earlier quoted context omitted.

PowerPoint, Excel, Keyhole, YouTube, Google Maps and Android could be significantly better. There’s no competition, which means they keep their users, which means they’re not incentivised to find those ways in which those products could be significantly better. Okay wait, Excel does have some competition now, with Google Sheets, and that can be seen in Microsoft’s recent push to distinguish Excel from Google Sheets w…

Android has no competition? I could swear there is iOS. Same with Maps - Bing, Here, Waze, Apple, Yandex even OSM provide their own maps. Do I fail to recognize a point you're making here?

Waze is owned by Google.

Re: Adobe to acquire Figma for $20B

#957

Post by ImPleadThe5th »

akrymski wrote: post #805
codeptualize wrote: post #762

Earlier quoted context omitted.

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.

Yeah but adobe's other 'star' product is illustrator a vector tool.

Re: Adobe to acquire Figma for $20B

#958

Post by 71bw »

creativemonkeys wrote: post #684
Aperocky wrote: post #538

Earlier quoted context omitted.

Only open and free software can defeat the likes of Adobe. Can't wait for the dominance of Photoshop to be ended by gimp and ffmpeg, I've found that they work fairly well for whatever editing I need. Maybe open source variety of Figma also exist?

Photopea has been pretty good at replacing Photoshop for my needs (non-designer).

This, this, this. I don't use PS anymore, Photopea does everything better without the needs to dabble in Adobe's shit.

Re: Adobe to acquire Figma for $20B

#959

Post by boxed »

ulfw wrote: post #904
bears-n-beets wrote: post #648

As a current software engineer at Adobe, I was really disappointed when I got the internal email announcing this this morning. It's reminiscent of Microsoft's anticompetitive behavior in the early 00s. Figma is the better product and Adobe knows it - but instead of using that to light a fire under them and work harder to create a better product, Adobe just used its deep pockets to make the problem go away. I was alre…

What a weird way of looking at things. Microsoft bought Powerpoint, bought Excel basically too. There wouldn't be an Office suite otherwise. Google bought Keyhole, there wouldn't be a Google Maps otherwise. Google bought Youtube. They couldn't win with Google Video. Google bought Android. etc etc etc This is how the industry works. In general.

Those are all cautionary tales...
Post reply on HN