Hacker News new | ask | show | jobs
by outside1234 1216 days ago
Figma will get $1B in breakup fees. Not sure that's a loss.
4 comments
rvz 1216 days ago
That is a loss with crushed dreams and ruined hopes for a massive payout.

More likely that Figma will instead use that extra $1B to fund for an IPO to make it up for this blocked acquisition.

link
tiffanyh 1216 days ago
What’s worse, overspending $20B or giving up $1B?
link
arunkant 1216 days ago
Ask Elon
link
jgalt212 1216 days ago
Not for Figma, but for the VC's who've already paid for new jets or 8 figure apartments.
link
tyre 1216 days ago
Why would it not be for Figma? The VCs won’t get cash from selling shares in the acquisition because the acquisition won’t happen.
link
jgalt212 1214 days ago
Well, I guess it depends on your goals as Figma employee. So yes, but probably a net negative but the situation for the Figman employees and company is muddier than it is for the VCs.
link
senttoschool 1216 days ago
Figma will be fine but I'd rather have the deal go through if I worked at Figma.
link