4 ms·
His beef is that his project was viable competition. The design market and the purchase price made it clear that was not true. I don't think they paid too much
by radley 4y ago
His beef is that his project was viable competition. The design market and the purchase price made it clear that was not true.
I don't think they paid too much. It will give Adobe 10 more years of subscriptions without effort. Without Figma, they would be reduced to metrics software (in 10 years).
- danpalmer 4y agoAnother way of pricing the company is price per customer. Figma sold for $400,000 per paying customer. That seems like a lot to me.
- mkl 4y agoGot it, design market vs. stock market. The acquisition at that price was like Adobe admitting they thought they couldn't compete.
- chx 4y agoPerhaps they could as things are but what would have happened if, say, Apple acquires Figma? What if Microsoft did? 20B is a lot of money -- to Adobe. Just to demonstrate how absurdly uneven the playing field is, Apple has ten times as much cash at hand.