4 ms·

I agree. The whole point of a free market is that it should lead to a competitive market, in which profits shrink and consumer surplus expands. He literally say

I agree. The whole point of a free market is that it should lead to a competitive market, in which profits shrink and consumer surplus expands. He literally says that Figma is threatening Adobe's margins. Stopping mergers of companies like this is ... exactly what antitrust is for?

ensignavenger 4y ago
I think the argument is that Figma might not exist in a world where such deals are blocked (or future Figmas may not come into existence if this deal is blocked), and thus would lead to more market harm than it would help. I'm not sure I agree with that reasoning, but it is plausible.
- dml2135 4y ago
  If that is the case that means that investors cannot see themselves competing with established players in the market. That would be an indication that the current market dominators should be broken up, not that they should be allowed to acquire more companies.
charlesdm 4y ago
400 million revenue, 20 billion acquisition price. Sounds like free market to me? They paid up to protect their business and everyone walked away happy.
- triceratops 4y ago
  > everyone walked away happy Except Figma customers.
  - ghiculescu 4y ago
    Why wouldn’t they be happy? Nothing bad has happened to them. I know some are grumpy on Twitter but none have articulated a real harm. It’s just as likely this is good for them, like how Microsoft really improved GitHub.
    - triceratops 4y ago
      They know, as everyone else does, how Adobe operates. > none have articulated a real harm Higher prices. > It’s just as likely this is good for them How?
    - DHPersonal 4y ago
      Pointing toward an exception seems to prove the rule that is worrying Figma customers like me.
    - duped 4y ago
      > like how Microsoft really improved GitHub. There are a lot of GH customers that are upset over the way reliability has tanked since Microsoft acquired them
- jgalt212 4y ago
  > everyone walked away happy Only if you define the term everyone to be the VCs.
  - yellowpencil 4y ago
    figma raised $330+ million over the years...have there been any public breakdowns of the VC/founder/employee equity split?
- deleted 4y ago
  [deleted]

ensignavenger 4y ago

I think the argument is that Figma might not exist in a world where such deals are blocked (or future Figmas may not come into existence if this deal is blocked), and thus would lead to more market harm than it would help. I'm not sure I agree with that reasoning, but it is plausible.

dml2135 4y ago
If that is the case that means that investors cannot see themselves competing with established players in the market. That would be an indication that the current market dominators should be broken up, not that they should be allowed to acquire more companies.

charlesdm 4y ago

400 million revenue, 20 billion acquisition price. Sounds like free market to me? They paid up to protect their business and everyone walked away happy.

triceratops 4y ago
> everyone walked away happy Except Figma customers.
- ghiculescu 4y ago
  Why wouldn’t they be happy? Nothing bad has happened to them. I know some are grumpy on Twitter but none have articulated a real harm. It’s just as likely this is good for them, like how Microsoft really improved GitHub.
  - triceratops 4y ago
    They know, as everyone else does, how Adobe operates. > none have articulated a real harm Higher prices. > It’s just as likely this is good for them How?
  - DHPersonal 4y ago
    Pointing toward an exception seems to prove the rule that is worrying Figma customers like me.
  - duped 4y ago
    > like how Microsoft really improved GitHub. There are a lot of GH customers that are upset over the way reliability has tanked since Microsoft acquired them
jgalt212 4y ago
> everyone walked away happy Only if you define the term everyone to be the VCs.
- yellowpencil 4y ago
  figma raised $330+ million over the years...have there been any public breakdowns of the VC/founder/employee equity split?
deleted 4y ago
[deleted]