![]() Yeah, it sucks, I get why people don't like it, but I've also never had a machine "crippled" by CC. > Installing CC immediately cripples your machine and it can’t ever be uninstalled. But if they took any money from investors, they must have an exit. > The fact that many of the acquiring companies in these stores are still largely controlled by their founders is telling.įor some companies the right exit is IPO, for others – acquisitions. – Maybe the founders had other ideas they wanted to work after their vesting with Adobe expires. – Maybe the investors wanted the have an exit now, 10 years after the company's creation – Maybe were was an extremely high risk of Adobe acquiring another competitor or building a competitive product in-house – Maybe reaching the $20B market cap after an IPO would have taken a very long time for Figma on its own There could be many reasons behind the decision to sell to Adobe for $20B: The job of an entrepreneur is to calculate everything and to make the right decision in every situation. > But if you think "the job" of the entrepreneur is simply to have a good exit, well the world would be gravely impoverished if entrepreneurs in general shared your view. But look at where Bytedance is with TikTok now. You would probably say, that selling Vine to Twitter was a great decision, because it got eventually shut down as being worthless. The same can be said about YouTube in the hands of Google. There are multiple accounts of how many resources, human capital, and know-how Facebook put into Instagram to scale it. Look at them now, if IG had continued alone the idea to sell to FB would be a joke at this point. > Lots of people shared the same sentiment you just did about Instagram selling to FB. Where would Android be now without the backing of Google? Where would iPhone be now without the backing of Apple? was a company sold to Google in 2005 for short term profit: > Claiming this is a good move is the same as claiming selling the iPhone or Android to Nokia for short term profit would have been a good business move.Īndroid Inc. ![]() Just like Whatsapp's decision to sell to Facebook for $19B. The decision to sell to Adobe was surely based on many calculations. The question for Figma was, if they would ever reach $20B+ market cap after an IPO, and how long it would take them to do so. Buy Now & Pay Later, Check offer on payment page.> You’ve essentially swapped just over 1 year of Adobe revenue for a quick exit instead of building the system that delivers $15B+ yearly by dethroning them.Please be aware that if the wrong GST details are given when placing an order, the order will be automatically canceled. The delivery and billing addresses must match additionally, the GST authority will not grant input tax credits if the delivery address and GSTIN on the GST invoice are from different states. Please be aware that the provisions of the GST Act and rules must be followed in order to claim an input tax credit. Please choose the address that is listed as the registered place of business according to the GST authority's data in order to efficiently claim an input tax credit. Please be aware that is not in any way responsible for the GST Invoice or any associated input tax credit. and the Seller are not responsible for any failure on the part of the user, including issues related to information the user has provided. Users should make sure the information they enter is accurate.Īny request for a correction to the GST Invoice will not be entertained by or the Seller. Please be aware that the GST invoice must include the user's GSTIN and the name of the business entity that the user has specified. if an exchange offer is made concurrently with the purchase of the goods if the items come with Value Added Services such as Complete Mobile Protection or Assured Buyback. The following goods and services will not be eligible for GST Invoice: Only specific items sold by participating sellers and bearing the callout "GST Invoice Available" on the Platform's product detail page will be qualified for GST Invoice. Please be aware that not every product qualifies for a GST Invoice. The User's specified Entity Name for the User's Registered Business The GSTIN submitted by the User in connection with the registered business of the User. The user will be sent a Tax Invoice ("GST invoice") for the purchase of all such products, which will, among other things, have the following information printed on it: Users are forbidden from using any of the products they buy through the Platform for business, advertising, resale, or further distribution. However, all purchases made on the Platform must be for personal use. ![]() Users who have registered businesses can buy products from merchants on the platform that meet their needs.
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