Re:Adobe to acquire Figma for $20B
by majani on Thursday September 15, 2022 @06:09PM
(#32859089)
Another interesting layer to this is that Adobe only has $5b in cash according to their balance sheet, so the overwhelming majority of this deal is probably in Adobe stock with a long vesting period. Also the deal being done in a downturn means that the difference between this and an IPO is academic in my view
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Re:Adobe to acquire Figma for $20B
by unstrategic on Thursday September 15, 2022 @06:26PM
(#32859244)
> the difference between this and an IPO is academic in my view
More theatrical than academic — if both options have a risky short-term outlook, optimize for the story.
Sold for $20B? Or lackluster IPO? As GP of a VC fund, which story is going to better-enable you to raise your next several funds?
Why do you think there will be a long vesting period?
Vesting periods are quite common in employee incentives but not at all common in mergers and acquisitions.