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1 vs 5 Million - no lifestyle change
Good for Figma and its users
too overpriced anyway
It was overpriced back when the deal was announced. Figna already grew their valuation close to the acquisition.
No Adobe had to pay $30B now if they wanted to acquire now according to the terms of the deal. Still 50x revenue when growth has stalled. It was a brain dead deal
Adobe has to pay 1 billion for it even though deal is cancelled.And here we keep stressing about about our 320k job .
Damn feelsbad for Figma brahs
The $1B for the hassle but must upsetting
Are our fellow classmen, the normal employees like you and I, seeing any of it?
Adobe was going to ruin Figma anyway.
But it will also kill Competition and increase the margins along the way
Dunno about price. Figma isn’t cheap - $45 to $75 per editor/month before even adding FigJam. That’s vs $23/mo for a premium Adobe app or $60/mo for all CC apps and typefaces. Adobe making Figma cost more was a smokescreen unless you mean the super limited free version or the $12/mo solo version, which could have been negotiated as part of the approval process and then further extended to other Adobe apps. Basically a well handled merger would have also created limited free and solo tiers for Photoshop and Illustrator. For anyone using CC it probably would have saved them $45/mo on a standalone license.
Adobe tells Figma to ligma
Adobe also got fucked here. They shut down Adobe XD when they announced the acquisition and now they're paying Figma $1 billion.
XD engineers are the real ones losing here. These fucking leadershit idiots could've set a vision, given raises and made it all better. But no. Leadershit does shit
So what happens to the Figma bros who were supposed to be millionaires?
I’ve this exact question? Now they get $1B instead of $20B
They get nothing lol rekt
They’ll be fine long term they had a solid product. Personally, Had a shit interview experience with figma glad it didn’t work out at the end of the day.
I love EU for this reason!!! They have a strong voice and they know how to use it
Europoors did it again. Stopped two American companies from making money. Europoors will gladly sell their shitty Nokia to American market
Europoors #1 export: regulations
Title was Adobe abandons Figma. 😃
lol
I’m a 🤡