The Prof G Pod with Scott Galloway

Prof G Markets: The Demise of Chamath’s SPACs, Citrix’s Debt Deal, and Adobe’s Figma Acquisition

Sep 26, 2022

Ed Elson, a ProfG Media Analyst, and Jason Stabbers, Editor-in-Chief, join to unpack some market turbulence. They dive into Chamath Palihapitiya’s shuttering of his SPACs and the ripple effects on investors. Ed explains how Wall Street banks are grappling with a hefty $700 million from Citrix's leveraged buyout. The conversation heats up as Jason reveals why Adobe made waves by acquiring Figma for a staggering $20 billion, reshaping the future of digital design and collaboration.

29:26

Episode guests

Jason Stabbers

Ed Elson

AI Chapters

Episode notes

Intro

4min

Navigating Tech Turbulence and SPAC Setbacks

11min

The Strategic Shift in Digital Design: Adobe Acquires Figma

2min

Adobe Acquires Figma: A Game-Changer in Design

9min

Economic Predictions Amidst Market Changes

2min

This week on Prof G Markets, Scott shares his thoughts on Chamath Palihapitiya’s decision to close two of his SPACs. He then explains why Wall Street Banks are on the hook for $700 million after the leveraged buyout of Citrix, a software company. And in this week’s deep dive, we take a look at why Adobe would pay $20 billion for the design software company Figma in what may be the largest acquisition of a private technology company ever.

Chamath’s SPACS

Citrix’s LBO

Adobe’s Acquisition

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