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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.
by 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 agoWhy 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 agoThey 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 agoPointing 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 agofigma raised $330+ million over the years...have there been any public breakdowns of the VC/founder/employee equity split?
- deleted 4y ago[deleted]