On Adobe Acquiring Figma
On Adobe Acquiring Figma
Week 53 of Founding Typogram
Hi, I am Wenting. I quit my job at Adobe to build a startup, Typogram, a logo design and editing tool for startup founders. This is my weekly newsletter documenting my journey from the start on Aug 2nd, 2021 till the present.
Last week was eventful and, based on one’s stock portfolio, painful. Over the years that I worked at Adobe, I bought into the ADBE stock through labor (RSU) and money (ESPP). A big portion of my net worth is held in ADBE stock, and that stock sunk 20% on a single day — the day they announced Adobe would acquire Figma for $20 billion.
The full post “On Adobe Acquiring Figma” used to be live here on this page, but I have since moved it to its new home on my #Build series archive, read the full article here:
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See you next week! If you have friends who are interested in founding startups, please consider sharing my newsletter with them!
interesting article but missed one point here:
> It would be ignorant not to consult with them and have a thorough analysis of what Adobe XD is lacking in comparison to Figma and how difficult is it to build the missing parts.
market.
it isn't the feature-parity that adobe needed to dethrone figma, it is the customers it needed.
and it's hard to get customers when you are as big as figma in the ui world.
David Wadhwani also worked in Adobe between 2005 - 2015. He was my manager on Adobe Flex Builder.