Why did Figma want to sell itself to Adobe in the first place?
Even though their revenue is only about $400MM, As far as I know, they make a very healthy profit (operating margin of ~90%), and they’ve also been expanding through organic and acquisition means (e.g. they bought Diagram).
Is it because they see the ability to grow the company’s products even more given the Adobe footprint?
Even though their revenue is only about $400MM, As far as I know, they make a very healthy profit (operating margin of ~90%), and they’ve also been expanding through organic and acquisition means (e.g. they bought Diagram).
Is it because they see the ability to grow the company’s products even more given the Adobe footprint?