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ZestyNarwhal
ZestyNarwhal
27mo
by
Stealth

Figma + Adobe's $20Bn Deal Not Going Through

https://www.theverge.com/2023/12/18/24005996/adobe-figma-acquisition-abandoned-termination-fee

Seems like they've mutually agreed on not going through with the deal.

What do you think?

27mo ago
ZippyPancake
ZippyPancake
Stealth
27mo

Too bad for Figma, they were going to get $30bn. Don't think they'll ever get even half that value again

ZestyNarwhal
ZestyNarwhal
Stealth
27mo

i was surprised by the initial price too. I agree with you here!

GigglyNarwhal
GigglyNarwhal
Stealth
27mo

No man, I guess Figma has a lot of potential. Almost all companies I have worked with use Figma. They'll now monetize the product heavily though like spotify. Bad for freelancers and enthusiasts.

WobblyPancake
WobblyPancake
Dukaan
27mo

I read somewhere figma will get $1B termination fee from adobe

ZestyNarwhal
ZestyNarwhal
Stealth
27mo

Same. I think it's a clause that was baked in.

ZippyPancake
ZippyPancake
Stealth
27mo

Standard nomenclature for large M&A

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