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All-In with Chamath, Jason, Sacks & Friedberg

E96: Adobe acquires Figma for $20B, TPB SPAC, FedEx CEO's recession warning, macro picture & more

All-In with Chamath, Jason, Sacks & Friedberg

All-In Podcast, LLC

Alllin, Coronavirus, Calacanis, Palihapitiya, Health, Sacks, Friedberg, Allin, Entrepreneurship, Covid19, Gambling, Grow, Investing, Iq, Tips, Tech, Business, Jason, Startups, Poker, Technology, Money, Learn, Davidsacks, Davidfriedberg, Chamath

4.27.1K Ratings

🗓️ 17 September 2022

⏱️ 92 minutes

🧾️ Download transcript

Summary

Transcript

Click on a timestamp to play from that location

0:00.0

I literally don't want to talk about brigade in guys though only because it's getting crazy and I had to like mod my stuff

0:04.9

So start the recording please start the recording. I'm gonna strike it by brigades. You mean like maga brigades

0:10.8

All right listen, no, I'm serious. You think because I can call a mom. I'm gonna strike a mom off

0:19.1

Hold on hey donny hey donny. Yeah, Jake Elsa. He's been brigaded by maga. Yeah

0:24.8

He can't handle it. He's tapping out. I tap out. I tap out the dogs. Okay, all right. It's all good. It's all good

0:33.4

They're talking about it's it's over. They're not gonna they're not gonna brigade anymore the siop is over

0:37.8

Thank you. Thank you. It was getting pretty and it was getting pretty acute. Yeah, it's done. Don't worry about it

0:42.6

We open source of the fans and they just go crazy

0:59.4

All right, everybody welcome to episode 96 of the All in podcast. We had a bomb drop just yesterday

1:07.0

With Adobe agreeing to acquire Figma the design tool will get into that in a minute what it actually does for 20 billion dollars

1:16.0

This is just astounding for this to happen period full stop. It's the largest private

1:22.7

Company purchase I believe in history

1:25.5

This company if you don't know it helps you design web apps or user interfaces

1:30.6

So if you're a designer we used to make mockups. We'd send them around in the industry

1:34.8

As images or PDFs and then like Google docs where you can put comments on somebody else's words and you can collaborate in real time

1:43.1

We call it multiplayer mode Figma is multiplayer mode the company is just a juggernaut if you work in startups

1:48.9

you get Figma designs all day and

1:53.0

Adobe stock got crushed because of this was down as much as 18% on

1:57.5

Thursday Figma's most recent valuation was $10 billion in June of 2021 their series

2:03.1

So peak market they had raised 200 million at that time. There's a lot of details to get into here

2:07.9

But you know listen, let's ask the Sultan of SAS here

2:11.5

What you think of this because it's double what was an incredible

...

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