Readit Newssmoser commented on Lina Khan points to Figma IPO as vindication of M&A scrutiny techcrunch.com/2025/08/02... · Posted by u/bingden
I think the Figma IPO proves Khan was right. $60B market cap today vs the $20B Adobe offered in 2023.
There was some criticism about regulatory overreach when the deal got blocked. Now Figma employees are rich, the design tools market stays competitive, and we have another major independent tech company instead of just another Adobe product line.
This is exactly why we need regulators willing to tell Big Tech "no" sometimes. Competition creates more value than consolidation.
On the flip side Khan was wrong about iRobot. The results were layoffs at iRobot and now Roombas are made by a Chinese ODM.
"Toyota vehicles could “Alert local authorities if a license plate or other vehicle identifier associated with a suspected vehicle is identified” AKA “Amber Alert Assistance” at first, but later?" https://x.com/SteveMoser/status/1675876541845188611