Re:Figma and Adobe are abandoning our proposed merger
by jen20 on Monday December 18, 2023 @09:10AM
(#38682732)
PE universally has the worst possible outcomes for all sides of a deal besides the PE firm themselves.
Re:Figma and Adobe are abandoning our proposed merger
by kozikow on Monday December 18, 2023 @10:45AM
(#38684004)
Just because the acquired company falls into the "can't justify higher rev multiple thanks to synergies with the acquiring company" and "not successful enough for the IPO".
If there was no options in that niche, the market objectively would be a lot tougher.
And in my feeling, I've seen PE getting more active in tech last year (maybe just because valuations went down).