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Figma investors say going public is a better outcome than its abandoned Adobe deal

  • Figma, a design software company, is filing for an IPO after a failed $20 billion acquisition deal with Adobe in 2023.
  • Investors believe that the abandoned deal with Adobe reinvigorated innovation at Figma and opened up new opportunities, particularly in AI.
  • Figma collected a $1 billion breakup fee after the failed deal, leading to a resurgence in product development with the launch of four new products in May.
  • Investors see Figma's potential as a stand-alone company, especially with its founder-led structure and focus on bridging imagination and reality through AI.

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