The second-biggest merger on Thursday (#Crypto) is noteworthy.  Adobe investors seem a little spooked, sending shares down 17% on the day. As for those close to the Adobe deal, they say Figma is a far stronger business than Slack was. Time will tell. 

Adobe shares plunge on deal to acquire design platform Figma for $20 billion

Crypto

The second-biggest merger on Thursday (#Crypto) is noteworthy.  Adobe investors seem a little spooked, sending shares down 17% on the day. As for those close to the Adobe deal, they say Figma is a far stronger business than Slack was. Time will tell.  Adobe shares plunge on deal to acquire design platform Figma for $20 billion Adobe announced Thursday morning that it will acquire design software firm Figma in a deal worth about $20 billion in cash and stock. https://www.cnbc.com/2022/09/15/adobe-to-acquire-design-platform-figma-for-20-billion.html

Jerome Cody

Design Software Maker Figma Files Confidentially for IPO 

https://www.reuters.com/markets/deals/figma-confidentially-files-us-ipo-2025-04-15/

Design Software Maker Figma Files Confidentially for IPO   https://www.reuters.com/markets/deals/figma-confidentially-files-us-ipo-2025-04-15/

Cloud-based designer platform Figma on Tuesday confidentially filed for an initial public offering in the United States, more than a year after a $20 billion deal to be acquired by Adobe was shelved due to regulatory roadblocks.

Figma confidentially files for much awaited US IPO after $20 billion Adobe deal collapse

Tasia

Adobe’s AI: Video generator launched.

https://www.reuters.com/technology/artificial-intelligence/adobe-launches-ai-video-tool-compete-with-openai-2025-02-12/?utm_source=Iterable&utm_medium=email&utm_campaign=newsletter-20250212

Adobe’s AI: Video generator launched.  https://www.reuters.com/technology/artificial-intelligence/adobe-launches-ai-video-tool-compete-with-openai-2025-02-12/?utm_source=Iterable&utm_medium=email&utm_campaign=newsletter-20250212

Adobe on Wednesday released the first public version of an artificial intelligence tool that can generate video clips and revealed how much it will charge, but said it will not set pricing for major users such as studios until later this year.

Adobe launches AI video tool to compete with OpenAI

Sam Mendoza

Was thinking about how Figma really won: they didn’t just beat Adobe on product (they did) - they beat them on distribution. Every Figma file became a tiny viral loop. Build a great prototype, share it, suddenly your whole team wants Figma. While Adobe was selling seats, Figma was building a network. Same pattern is emerging with #Artificial Intelligence  tools in 2025. The winners won’t just have the best tech - they’ll have the best sharing mechanics built into their core product. Watching Cursor take over code reviews because devs naturally share it, while better standalone AI coding tools struggle to grow.

Artificial Intelligence

Figma is allowing employees and early investors to sell up to $900 million in shares, one of the largest in a string of big secondary offerings.

https://www.theinformation.com/articles/figma-shareholders-to-sell-up-to-900-million-of-stock-at-deep-discount-to-adobe-price?offer=rtsu-engagement-24&cio_link_id=CIO--LINKID&utm_campaign=RTSU+-+Figma+early+s&utm_content=4205&utm_medium=email&utm_source=cio&utm_term=2830

Figma is allowing employees and early investors to sell up to $900 million in shares, one of the largest in a string of big secondary offerings.  https://www.theinformation.com/articles/figma-shareholders-to-sell-up-to-900-million-of-stock-at-deep-discount-to-adobe-price?offer=rtsu-engagement-24&cio_link_id=CIO--LINKID&utm_campaign=RTSU+-+Figma+early+s&utm_content=4205&utm_medium=email&utm_source=cio&utm_term=2830

Figma employees and early shareholders collectively will be able to sell as much as $900 million of their shares after lining up commitments from nearly two dozen new and existing backers that valued the design collaboration startup at $12.5 billion. The price represents a nearly 38% decline ...

Figma Shareholders to Sell Up to $900 Million of Stock at Deep Discount to Adobe Price

RIP 🪦 InVision, a design company once valued at $2 billion, is shutting down 

https://michalmalewicz.medium.com/figma-is-not-forever-cb8c103f64eb

RIP 🪦 InVision, a design company once valued at $2 billion, is shutting down   https://michalmalewicz.medium.com/figma-is-not-forever-cb8c103f64eb

Jerome Cody

A group of likeminded people in The Most Important Thing are talking about this.