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Adobe to acquire Figma for $20B

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Re: Adobe to acquire Figma for $20B

#991
Everyone should remember that the blog Steve Jobs wrote criticizing Adobes security was deleted at the start of the pandemic in June, 2020.

From the blog “Symantec recently highlighted Flash for having one of the worst security records in 2009. We also know first hand that Flash is the number one reason Macs crash. We have been working with Adobe to fix these problems, but they have persisted for several years now. We don’t want to reduce the reliability and security of our iPhones, iPods and iPads by adding Flash.“

Here is the discussion we had https://news.ycombinator.com/item?id=23654011

Re: Adobe to acquire Figma for $20B

#992
post #268

Earlier quoted context omitted.

I try to avoid them like the plague. Affinity while not nearly as supported and feature rich....it doesn't stab and bleed me monthly for the privilege of bloatware...

How is Affinity Designer less feature rich? It has great features like corner rounding and interactive path offsetting that I cannot find in Figma? Also, Last time I looked Figma did not even allow skewing of objects.

No line trace.

Re: Adobe to acquire Figma for $20B

#993
post #450

Earlier quoted context omitted.

Anyone here can lodge this simple form. If you think this merger will substantially lesson competition and stifle innovation lodge a complaint: https://www.ftc.gov/enforcement/report-antitrust-violation At a minimum, they will investigate this and make inquiries (typically within months) if they see a high volume of complaints. https://www.ftc.gov/advice-guidance/competition-guidance/gui... "Some mergers change marke…

I'm happy to submit a form or complaint. I stopped doing business with Adobe years ago and this is the second product they've bought out from underneath me since then, the first being Substance. That said, I don't know a ton about antitrust laws and imagine they need something specific. Does anybody have a clear idea what the actual breaches that I should be complaining about are?

Did you see this link? This provides an overview of anti trust laws regarding mergers https://www.ftc.gov/advice-guidance/competition-guidance/gui...

Re: Adobe to acquire Figma for $20B

#994

I have had good luck with Lunacy [1]. I hope they get some users from this sale. [1] https://icons8.com/lunacy

Founder here.

A little bit, yeah. Twice the usual installs in the Microsoft Store: https://lun-us.icons8.com/a/mI9C5AKookGuZXtrXLg1Sg/HNVJ3hin3...

Thank you for supporting us; I'm touched.

Re: Adobe to acquire Figma for $20B

#995

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…

Really depends on the management of the acquiring company. Adobe acquired Aldus and didn't help the Aldus market.

Re: Adobe to acquire Figma for $20B

#996

Earlier quoted context omitted.

I don't know specifically but it was bad enough that Apple decided to rework OS X before they shipped.

I never read anything about why they did it. Next developed Display PostScript with Adobe back in the day.

At the time I saw claims that licensing was the reason for the switch, it makes sense but don't know of any 1st hand sources. PDF was free of royalties so it probably made sense to switch as they reworked NeXTSTEP into OS X.

Re: Adobe to acquire Figma for $20B

#997

243 times their revenue? From what I can research: Figma took $332M in funding and has just $82M revenue for 2022. Adobe must be betting on Figma's 60% YOY growth and probably see them as existential threat.

It's 50x revenue. Figma will make >$400m in 2022.

50x ARR which is technically different from 50x revenue

Re: Adobe to acquire Figma for $20B

#998

Earlier quoted context omitted.

People are moving away from designing in photoshop to figma in large numbers hence the 20bn.

But Photoshop is not a vector design tool? I thought this move happened in the 90s

you seem to think that vector vs. bitmap is a design concern. it isn't. designers care about their form and their function. a better tool means an easier path in the design process, it doesn't matter the tool, vector or bitmap.

Re: Adobe to acquire Figma for $20B

#999

Earlier quoted context omitted.

Our university subscribes to Adobe Products Suit- when all of their functionality can be replicated with FOSS. They sent out a survey about this before they started the subscription and I answered negatively to that, to no avail. So that's where our tuition/grant/loan/savings money are going.

Unless some stuff has changed in the past few years gimp is not a suitable replacement for adobes products.

How about Krita, Inkscape, PenPot? What's wrong with them?

Re: Adobe to acquire Figma for $20B

#1000
post #846
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…

Why can't we just have an open source version which is as good if not better?

There is PenPot.app
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