Discussion of Bloomberg source article four days ago:<p><a href="https://news.ycombinator.com/item?id=34917743" rel="nofollow">https://news.ycombinator.com/item?id=34917743</a><p>(330 points/4 days ago/85 comments)
I'm a longtime Figma user and selfishly I hope they don't get sold to Adobe.<p>That said...The sale was rumored to be about $20b. Does anyone really think that Figma has any chance of producing a return to shareholders even close to that sale price even if they charge customers aggressively?
When this deal was originally announced, Adobe's stock took a ~10% hit. Now that the deal is getting blocked, their stock is again taking a hit? I certainly can't claim to understand the public markets.
Blocking acquisitions is such a double edged sword. Yes you protect competition, which is good. The downside is that you remove an exit ramp for startups, which limits the incentives for startup formation in the first place.<p>I have no idea how to balance this btw.