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?
Too bad for Figma, they were going to get $30bn. Don't think they'll ever get even half that value again
i was surprised by the initial price too. I agree with you here!
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.
I read somewhere figma will get $1B termination fee from adobe
Same. I think it's a clause that was baked in.
Standard nomenclature for large M&A
Will we be seeing all the LinkedIn post flooding with 10 things to learn from this - like it happened during the earlier proposed acquisition
