In 2023, Adobe's plan to acquire Figma for $20 billion collapsed due to antitrust concerns. This abandonment has been viewed favorably by investors, who believe it has fueled product innovation. Figma is preparing for its initial public offering, having launched four new products after the failed deal. Investors noted that this moment acted as a catalyst for improving Figma's performance, with AI technology providing additional opportunities for growth in the design software market.
The people who remained in the boat really went to work, and it showed up in the financial metrics. It showed up in the new products.
Dylan's vision was always to bridge the gap between imagination and reality, and AI only further accelerates that.
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