On September 15, 2022, Adobe announced its plans to acquire browser-based design startup Figma in a cash and stock deal worth about $20 billion. However, in December 2023, Adobe and Figma announced that they would mutually terminate the merger agreement due to regulatory opposition. Adobe will pay Figma a termination fee of $1 billion, per the agreement. According to Latka, Figma earned $190M revenue from ~50K customers in 2022. The company finished the following year with over $600 million in annual recurring revenue. Despite this, according to NYT, Figma has been "picking up the pieces" in 2024, and reportedly internally lowered their valuation to $10 billion (half of what Adobe was willing to pay in 2022).
$20B • 2022 • Acquisition
Adobe was set to acquire Figma for $20B in 2022, but the deal fell through a year later due to regulatory pressure.
Winning pitch decks that have closed millions in investments for leading startups and billion-dollar unicorns.
Investors see 5,000 pitch decks per year. Will you stand out?
Adobe was set to acquire Figma for $20B in 2022, but the deal fell through a year later due to regulatory pressure. Adobe × Figma Acquisition raised $20B in 2022 with this deck.
Amazon Prime Video rolled out ads in January 2024 with this pitch deck. . Amazon Prime Video Ads raised $4B (Est.) in 2024 with this deck.
Perplexity AI is a chatbot-style search engine that uses AI to search the web. Perplexity AI raised $73.6M in 2024 with this deck.
No spam. Up to 2 emails/mo – only the good stuff!