https://techcrunch.com/2023/12/21/figma-valuation-after-adobe/

A failed acquisition often spells doom for the target company. But despite its $20 billion takeover by Adobe not going through, there are reasons to think that Figma will be just fine.

That the online design company will get a $1 billion termination fee from Adobe will help soften the blow. But it is not the windfall some think it is; spending more than a year in regulatory limbo always takes a toll on a company and its team.