reichenstein · TEXXR

When I read Jack's weird apology, I thought: “Why does he say that? What does he gain from blaming himself? He took the money, why doesn't he just shut up? Why is he so beta? Why does he think anyone would believe that crap? What am I missing?” https://twitter.com/...

2022-11-06 View on X

CNBC

Jack Dorsey apologizes for growing Twitter “too quickly”, amid mass layoffs; Twitter's headcount grew from ~2,000 to 7,500+ between June 2013 and December 2021

- Twitter co-founder Jack Dorsey apologized Saturday for growing the company “too quickly,” a day after hundreds …

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Big tech throws around these big Billion numbers like it's nothing. 10 Billion here, 20 Billion there... 20 Billion for a tech startup doesn't sound crazy at all. But a design tool doesn't have the same scale as Insta or TikTok. It won't make big waves and affect everyone.

2022-09-16 View on X

Bloomberg

Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%

Today, we're announcing that Figma has entered into an agreement to be acquired by Adobe. TechCrunch : After the Figma-Adobe deal, which design startups are acquisition targets? Wa...

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I know that at this dimension the laws of gravitation do not apply and it's all about market dominance and somehow things will probably work out. But calculate this with indie glasses. 20B is 400 times Figma's yearly revenue. And the number of designers is limited.

2022-09-16 View on X

Financial Times

Adobe's Figma deal raises big questions about its M&A whack-a-mole strategy in response to free alternatives; the deal is 50x Figma's reported 2022 ARR of $400M

Bryce Elder / Financial Times : Tweets: @amaldorai , @workmj , @bitech , @ohmdee , and @hkanji Tweets: Amal Dorai / @amaldorai : I'm not surprised that Adobe is acquiring Figma fo...

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It's intriguing for me that in big business, you can buy a company that makes 51M per year for 20 Billion when you make 16 Billion in yearly revenue. Scaled down to our mortal dimensions, that would make absolutely no sense. https://news.adobe.com/...

2022-09-16 View on X

Financial Times

Adobe's Figma deal raises big questions about its M&A whack-a-mole strategy in response to free alternatives; the deal is 50x Figma's reported 2022 ARR of $400M

Bryce Elder / Financial Times : Tweets: @amaldorai , @workmj , @bitech , @ohmdee , and @hkanji Tweets: Amal Dorai / @amaldorai : I'm not surprised that Adobe is acquiring Figma fo...

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It's intriguing for me that in big business, you can buy a company that makes 51M per year for 20 Billion when you make 16 Billion in yearly revenue. Scaled down to our mortal dimensions, that would make absolutely no sense. https://news.adobe.com/...

2022-09-16 View on X

Bloomberg

Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%

Today, we're announcing that Figma has entered into an agreement to be acquired by Adobe. TechCrunch : After the Figma-Adobe deal, which design startups are acquisition targets? Wa...

View original

I know that at this dimension the laws of gravitation do not apply and it's all about market dominance and somehow things will probably work out. But calculate this with indie glasses. 20B is 400 times Figma's yearly revenue. And the number of designers is limited.

2022-09-16 View on X

Bloomberg

Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%

Today, we're announcing that Figma has entered into an agreement to be acquired by Adobe. TechCrunch : After the Figma-Adobe deal, which design startups are acquisition targets? Wa...

View original

It's not like a lot of designers haven't heard of Figma. Every designer knows Figma by now. We're not talking about a new Amazon with massive growth potential. Adobe's management has calculated that they can turn a profit on this. And they're probably right. I can't see how.

2022-09-16 View on X

Bloomberg

Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%

Today, we're announcing that Figma has entered into an agreement to be acquired by Adobe. TechCrunch : After the Figma-Adobe deal, which design startups are acquisition targets? Wa...

View original

Big tech throws around these big Billion numbers like it's nothing. 10 Billion here, 20 Billion there... 20 Billion for a tech startup doesn't sound crazy at all. But a design tool doesn't have the same scale as Insta or TikTok. It won't make big waves and affect everyone.

2022-09-16 View on X

Financial Times

Adobe's Figma deal raises big questions about its M&A whack-a-mole strategy in response to free alternatives; the deal is 50x Figma's reported 2022 ARR of $400M

Bryce Elder / Financial Times : Tweets: @amaldorai , @workmj , @bitech , @ohmdee , and @hkanji Tweets: Amal Dorai / @amaldorai : I'm not surprised that Adobe is acquiring Figma fo...

View original

It's not like a lot of designers haven't heard of Figma. Every designer knows Figma by now. We're not talking about a new Amazon with massive growth potential. Adobe's management has calculated that they can turn a profit on this. And they're probably right. I can't see how.

2022-09-16 View on X

Financial Times

Adobe's Figma deal raises big questions about its M&A whack-a-mole strategy in response to free alternatives; the deal is 50x Figma's reported 2022 ARR of $400M

Bryce Elder / Financial Times : Tweets: @amaldorai , @workmj , @bitech , @ohmdee , and @hkanji Tweets: Amal Dorai / @amaldorai : I'm not surprised that Adobe is acquiring Figma fo...

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This is a good proving stone for free speech absolutists. Most of us would agree that posting deep fakes does not fall under freedom of speech. But how is a deep fake different from any other propaganda that misrepresents what someone else said? https://twitter.com/...

2022-03-17 View on X

The Verge

Meta says it removed a deepfake video of Ukrainian President Volodymyr Zelenskyy asking Ukrainians to surrender, citing its misleading manipulated media policy

In the fake video, Zelenskyy surrenders to Russian invasion — On Wednesday, Facebook's parent company, Meta …

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“during the mark-up, big tech managed to punch a hole through this one, exempting mergers of less than $50 million.” https://mattstoller.substack.com/ ...

2021-06-28 View on X

BIG

Antitrust bills have issues, but Judiciary Committee passing them is nothing short of a revolution in American thinking on political economy and monopoly power

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“imagine if, say, you had to show in any robbery case not just that your money was stolen, but that you would spend your money more wisely than the person who took it. That's basically what antitrust is like these days. This is called ‘consumer welfare’” https://mattstoller.substack.com/ ...

2021-06-28 View on X

BIG

Antitrust bills have issues, but Judiciary Committee passing them is nothing short of a revolution in American thinking on political economy and monopoly power

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@mcelhearn Dude, there are IAP! In the Facebook app, Instagram, and here on Twitter, too. https://twitter.com/...

2020-09-02 View on X

iA

Apple allows Facebook, Instagram, and Twitter to sell ads, which are digital goods, in their iOS apps via direct transactions, avoiding IAP and the 30% cut

the biggest beneficent of the iPhone, its tools, and its infrastructure—pay nothing, when small developers have to pay tens and hundreds of thousands of dollars? https://ia.net/...

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I think I got to the bottom of this now, and, at least, the German Apple will have heard us. We'll have a third appearance in a German newspaper this week. Then I might go back to philosophizing about the harmless intricacies of liquid grids.

2020-09-02 View on X

iA

Apple allows Facebook, Instagram, and Twitter to sell ads, which are digital goods, in their iOS apps via direct transactions, avoiding IAP and the 30% cut

the biggest beneficent of the iPhone, its tools, and its infrastructure—pay nothing, when small developers have to pay tens and hundreds of thousands of dollars? https://ia.net/...

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This next blog post I am working on that looks into “Why Facebook is paying no Apple tax” is something else. Writing it, in every sentence l, I lose focus, thinking “How can that be? How did I never realize this? And why has no one talked about this? What am I missing?”

2020-09-02 View on X

iA

Apple allows Facebook, Instagram, and Twitter to sell ads, which are digital goods, in their iOS apps via direct transactions, avoiding IAP and the 30% cut

the biggest beneficent of the iPhone, its tools, and its infrastructure—pay nothing, when small developers have to pay tens and hundreds of thousands of dollars? https://ia.net/...

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The Soviet Union produced enough food to comfortably feed everyone—the issue was that a lot of it went to waste because centralized planning lead to chaos, and a high percentage of food would just rot in trucks and cargo trains. Logistics is the curse of all big systems. https://twitter.com/...

2019-10-21 View on X

CNBC

As Amazon regularly fails to prevent expired food from being sold by merchants, concerned brands are often compelled to police marketplace listings on their own

- Amazon's marketplace has grown to millions of sellers, making it hard for the company to adequately police the platform.

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