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Chronicles

The story behind the story

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Adobe argues Figma will help the company rethink design tools for the cloud era; Adobe's competing product, XD, generated just $15M in ARR after seven years

a minuscule fraction of Figma's $400 million annual recurring revenue.' https://www.axios.com/... Ryan Ford / @theryanford : It's not that XD is a bad product. It isn't. It's that it wasn't inherently better than Sketch or Figma and came with the burden of being an Adobe product that looked and felt like an Adobe product. https://twitter.com/... Alex Kantrowitz / @kantrowitz : Adobe had to do the Figma deal. It was the right move. And at the same time a damning indictment of its business. https://www.axios.com/... Thanks: @inafried

Axios Ina Fried

Discussion

  • @jordannovet Jordan Novet on x
    unsure how many companies would buy XD on its own: 'After seven years of investment, Adobe XD was bringing in just $15 million in annual recurring revenue on a standalone basis — a minuscule fraction of Figma's $400 million annual recurring revenue.' https://www.axios.com/...
  • @theryanford Ryan Ford on x
    It's not that XD is a bad product. It isn't. It's that it wasn't inherently better than Sketch or Figma and came with the burden of being an Adobe product that looked and felt like an Adobe product. https://twitter.com/...
  • @kantrowitz Alex Kantrowitz on x
    Adobe had to do the Figma deal. It was the right move. And at the same time a damning indictment of its business. https://www.axios.com/...