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by brmgb
1062 days ago
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Well Figma started eating their lunch in 2015 having started with a 4 millions seed round and 15 employees for two years so it’s clearly is doable to take on Adobe with far less money that they themselves spend provided your offer is good. |
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$235k and 2 engineers is completely different to $4M and 15 employees. Not to mention that it was 5-7yrs before Figma had any revenue.
"While Figma was founded in 2011, the first five years were spent trying to get to product. The company printed its first dollar in revenue in 2017 and will hit $400 million in annual recurring revenue (ARR) in 2022"
https://futurumgroup.com/insights/adobes-stock-got-slammed-f...
Figma is an outlier. "it's clearly doable to take on Adobe with far less money", he says about one of the fastest growing decacorn startups in history.