According to multiple reports including Bloomberg, Adobe and Figma are set to finalise a deal for the purchase of Figma for a whopping $20 billion!
What do you think of this deal, does it make sense, do you wish Figma would stay independent? 🧐
Update: Since writing this, Adobe have confirmed that they are in fact buying Figma, Figma will remain independent and Dylan Field will remain as CEO.
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Big companies usually try to buy competitors to remain relevant or chase them with copying features. If you look at the past, most fail. If Figma is truly left alone, then it has a chance. If not, then it opens the doors to another new startup coming in and winning the hearts of designers. Can't blame Figma though for jumping at a deal like that!
I don’t see how figma can remain independent since adobe will likely bundle the offerings into their suite and figma’s freemium offering isn’t supported - hence their sales teams appear to be in conflict. If Adobe takes over sales, figma will lose direct insights into their audience and this likely affects value of their product roadmap. Dylan likely has 2 years lock-in so expect to see loss of independence from 2025 should he leave at that point. This means we have 2 years to migrate teams to independent alternatives…
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