3 ms·
> I think the better questions are: did Adobe _need_ Figma? (We'll see...) and why did Adobe overpay by so much? Because Figma would have undoubtedly rejected
by deaddodo 3y ago
> I think the better questions are: did Adobe _need_ Figma? (We'll see...) and why did Adobe overpay by so much?
Because Figma would have undoubtedly rejected at or near market rates. And regulators were already iffy. Being overly generous, if it still will pay off for you in the end, is a good way to grease a lot of wheels.
The best analogy is the person who offers to pay 25k over asking (in a market where that is abnormal) on a house they definitely want to bypass the whole secondary negotiation process.
- radley 3y agoFigma actually did reject many offers at market rates. $20B was too good to pass up, particularly with the $1B cancellation fee.