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ZestyNarwhal
ZestyNarwhal
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?

12mo ago
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ZippyPancake
ZippyPancake
Stealth12mo

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

ZestyNarwhal
ZestyNarwhal
Stealth12mo

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

GigglyNarwhal
GigglyNarwhal
Stealth12mo

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
Health Startup12mo

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

ZestyNarwhal
ZestyNarwhal
Stealth12mo

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

ZippyPancake
ZippyPancake
Stealth12mo

Standard nomenclature for large M&A

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