Re:Lina Khan points to Figma IPO as vindication of M&A scrutiny
by aetherson on Tuesday August 05, 2025 @11:36AM
(#44799396)
Obviously the die game is a simplified stylized example. Yes, I agree, that chance that Figma stock was worth literally zero (above what was paid) was less than 50%. But the point is that there was obviously risk that Figma would be worth less than $20B, otherwise Figma wouldn't have wanted to take the deal.
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