Bryce Elder / Financial Times:
Adobe’s Figma deal raises big questions about its M&A whack-a-mole strategy in response to free alternatives; the deal is 50x Figma’s reported 2022 ARR of $400M — The defining technology merger of 1998 was Microsoft’s purchase of Compu-Global-Hyper-Mega-Net, Homer Simpson’s internet start-up, for an undisclosed price.
