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submitted 1 year ago by irradiated@radiation.party to c/technews@radiation.party

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[ sourced from TechCrunch ]

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[–] beeng@discuss.tchncs.de 0 points 1 year ago (1 children)

Adobe wish they could get out of the deal. 40B, that's a ridiculous froth price. Bet it would be half valuation currently.

[–] glue_snorter@lemmy.sdfeu.org 1 points 1 year ago (1 children)

No way they want out.

Adobe has no other rivals (gimp is miles away).

This isn't the value of Figma - it's the value of maintaining a monopoly.

[–] beeng@discuss.tchncs.de 1 points 1 year ago

True, I thought they overpaid, but when their business is on the line then it looks a lot better.