I could've sworn I've seen people on HN say there were tools that did real-time collaborative design before figma.
The shares are extremely cheap as the company has no assets, but you still need to physically wire money to the company bank account.
For example it can be outlawed. Sure, people would still be able to use it, but they would be breaking the law and that would deter many, possibly enough to kill it outright.
Capitalism is a great way to have people work in collaboration while still being motivated by their own individual goals.
I had a similar thought a few weeks back. If they're willing to cavalierly expose this craziness in the S1, what else is going on there that we don't know about.
They need the extra cash from the IPO, and they have to disclose the craziness in the S-1 otherwise it’s plain fraud.
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