Google was too expensive for Yahoo multiple times. You should look this from a bigger time scale. Sure they were paying a lot of goodwill on the deal. But if, down the road, Figma now starts their trajectory to become an equal to Adobe it sure would have been nice to capture that market all to yourself. Like Nvidia or TSMC.
For the record, I am happy this fell through since it's clear Adobe needs competition to stop it abusing its market position.
For the record, I am happy this fell through since it's clear Adobe needs competition to stop it abusing its market position.