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There are two questions: 1. How repeatable is Figma and is this analogous to Dropbox? Now every major cloud vendor provides a Dropbox clone. Dropbox's marke
by PaulWaldman 4y ago
There are two questions:
1. How repeatable is Figma and is this analogous to Dropbox?
Now every major cloud vendor provides a Dropbox clone. Dropbox's market cap has been stagnant. Figma may have suffered the same fate if Adobe built their own clone or acquired an alternative product.
2.How will it be integrated with Adobe's traditional products?
If this means less design focused users can create quick mockups to send to actual designers within Adobe's cloud, it's a win. Alternatively heavy users of Figma, without current exposure to Adobe, are now brought into the Creative Cloud ecosystem.
I also wonder what this did to Canva's valuation. Last year at the time, Canva raised $200MM at a $40B valuation.
- apocalyptic0n3 4y ago> Figma may have suffered the same fate if Adobe built their own clone or acquired an alternative product. Adobe already tried this with Adobe XD. The designers I've spoken to consider the software a joke, which is why Figma has continued to grow in popularity so quickly and why Adobe believed this price tag was required. After the announcement, there were multiple reports saying Adobe contacts said XD would be discontinued (or at least support dropped to just a maintenance level). There's also the third-party Sketch, but that is Mac-only. As for Canva... that serves a different market doesn't it? XD, Figma, and Sketch are all focused on rapid prototyping and app design. Canva is focused on social media and presentation design. I've admittedly never looked too far into Canva, though, so I could be wrong.
- ec109685 4y agoI think canva over time is going to go up market more effectively than Adobe can go down market (or maintain status quo). Adobe’s products are monstrously complex, “single player”, and not inherently web native, and that permeates everything they do. Maybe Figma will let them compete more effectively with Canva now.
- pjmlp 4y agoThose designers most likely aren't doing native development, which is where Adobe XD used to be relatively good, in fact was introduced as one of the first Adobe products being on Windows store.