@thereva
The public listing serves as a dramatic conclusion to the company's tumultuous journey. In 2022, design software giant Adobe attempted a $20 billion acquisition of the upstart. However, that deal was terminated in late 2023 due to significant antitrust challenges, resulting in a $1 billion breakup fee and a public display of "unrequited love." Two years later, Figma has forged its own path, creating a new legend on the capital market.
0 reply
0 recast
0 reaction