Equity Where's the center of the startup world? Depends on which VC you ask
9 snips
Sep 16, 2022 Dive into the tech world as the hosts dissect Adobe's blockbuster $20 billion acquisition of Figma and its industry implications. Discover the shift in ed-tech focusing on serious education over social media influence. Explore the rise of Modulus, revolutionizing modular housing, and weigh its potential against past failures. The conversation turns to community-building in startups, questioning the sustainability of lavish spaces versus digital interactions. Finally, unravel the tangled saga of Musk's tumultuous Twitter acquisition and its complexities.
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Adobe Acquires Figma
- Adobe acquired Figma for $20 billion, a defensive move to neutralize a competitor.
- This prevents Figma from disrupting the market and becoming a potential IPO.
Maven Pivots
- Maven pivots from creator-led courses to expert-led courses, acknowledging their initial hypothesis was wrong.
- This change reflects a shift towards more serious edtech and a move away from entertainment.
Patreon Layoffs
- Patreon lays off 17% of its staff amidst a challenging economic environment.
- This suggests slower growth in the creator economy and a focus on profitability.