Re:Figma and Adobe are abandoning our proposed merger
by obmelvin on Monday December 18, 2023 @05:58PM
(#38689596)
The lowest estimate I see for Figma's ARR is $200m, so to suggest that even $500m is a high valuation is just untethered from the facts
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Re:Figma and Adobe are abandoning our proposed merger
by IAmGraydon on Monday December 18, 2023 @10:30PM
(#38691470)
Yes, but Adobe was going to buy them at 100x revenue. Thats quite insane.
Re:Figma and Adobe are abandoning our proposed merger
by obmelvin on Tuesday December 19, 2023 @03:47PM
(#38701293)
I never questioned that 20B was high. It's also important to keep in mind that Adobe has failed for years with xD - so the value to them is quite different than it would be to almost any other purchaser
The poster clearly has an axe to grind with Figma and anyone who is involved with UX decisions at most companies. Being mad at Spotify doesn't mean Figma is worth around 1 years of ARR (assuming they met their 2023 growth)