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QuestionsCategory: Investor PsychologyAdobe aquire Figma is it a good deal?
Joyce Low asked 3 weeks ago

Hi Victor and the teams,
How do u see this news Adobe aquire Figma deal? Seems the market doesn’t like this deal which cost $20B.
Hear from you soon. 
Thank you and Regards,
JL

1 Answers
Victor Chng answered 2 weeks ago

Hi Joyce, 
 
Figma post a threat to existing Adobe business as the company attract young designers to use their software. In my view, I think Adobe seemed to model Facebook when they purchased Instagram, trying to buy out the competition. I believe it is the right move, but the valuation may not make sense now. At the moment, It is hard to predict whether the deal is accretive to Adobe. Only time will tell when Figma is integrated into adobe. 

Joyce Low replied 2 weeks ago

Hi Victor,

U r right, only time will tell! Appreciated with ur replied. TQ so much.

Victor Chng replied 2 weeks ago

Welcome Joyce :)