Meet the 30-year-old on the verge of selling his company to Adobe for $20B

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Just four years ago, Figma's founder was drinking dollar coffee and living in a gritty San Francisco apartment. Now Dylan Field, 30, is poised to sell his software company to Adobe for $20 billion. 'It's very cool,' he tells MarketWatch.

Almost overnight, this 30-year-old has become the tech world’s newest titan — and is poised to become one of the world’s youngest billionaires.

And Adobe clearly saw value in Figma’s model. The acquisition is said to be the largest in Adobe’s history, although some Wall Street analysts have questioned whether it paid too much. But Adobe chief executive Shantanu Narayen advised investors that the deal will “significantly expand our reach and market opportunity.”

But Field admits he’s still pretty buzzed about the events of the past week. “It’s very cool though, I’m not going to lie,” he says. A newer product that Figma offers is FigJam, which Field describes as a “whiteboard solution.” The thought behind it, Field explains, is “that we can help people go from ideation and brainstorming into the design process and all the way to production.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Keep creating. Don't become lazy with all that cash. It can dissapear in a heartbeat. Never count your money again. The easy life's for you. Be somewhere in the middle. And make sure you visit the world. Try Iceland first. Congrats.

COOOOOOOOOL . ? ? QUESTIONS . . WHAT DID YOU DO WITH MONEY 💰 . . GIVE ALL TO THE WORLD 🌎? . AWWWWWWWW . . YOU ARE AN ANGEL 😇 I LOVE YOU 💘 AWWWWWW

Adobe...The most ez biz there is...Just buy copy grow. Boring but yeah that is Adobe.

He fake

Man $adbe are suckers for paying this premium, but hey we all make decisions, zuck paid 22 billion for whatsapp he wanted it so bad, they had no sales and under 30 employees, man those employees hit the lotto

San Fran still marketing the digital gold rush dream to would be 49s. Only to find feces lined streets. No gold.

Damn!!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cold Beers & Cheeseburgers has major league expectations for Chase Field location - Phoenix Business JournalThe 12,000-square-foot restaurant can hold 435 patrons, has multiple levels and offers views of the ballpark during games. It is also open to the public on non-game days.
Source: phxbizjournal - 🏆 254. / 63 Read more »