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You honestly think someone needs $20bn to build a Figma alternative or clone?
by max_ 3y ago
You honestly think someone needs $20bn to build a Figma alternative or clone?
- ben_w 3y agoAdobe clearly thought that or they wouldn't have paid that much, and so did their shareholders or they would have sued for wasting money.
- boeingUH60 3y agoThey're paying for the network effects, not the app. They can build a Figma clone with less than $10 million, but good luck getting people to use it.
- kevindamm 3y agoSupposing that one company's cash-value offer is equivalent to what it would cost to build, there would be no point in building a startup. That value estimate is what the built thing plus company staff plus brand recognition plus timing is worth. Hardly the same thing as what it would cost to build again. Especially now knowing an effective UI/UX for the task.
- andsoitis 3y ago> Adobe clearly thought that or they wouldn't have paid that much, and so did their shareholders or they would have sued for wasting money. Value is not the same as cost. The cost of acquiring something is not the same as the cost of building something.
- mattacular 3y agoThey said "worth 20bn" and it depends what you mean by build... writing the code or building the business around it that makes it valuable?