Adobe’s $20 Billion Takeover Of Figma Makes Cofounders Billionaires

Dylan Field and Evan Wallace started building design startup Figma to challenge Adobe’s PhotoShop. Now Adobe has made them billionaires after announcing it would acquire Figma for $20 billion in a cash and shares deal. The deal doubles the valuation that the San Francisco-based startup landed in June 2021, when it raised $200 million from…

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