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paulddraper
on Dec 19, 2023
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Figma and Adobe abandon proposed merger
> I’m surprised break-up fees aren’t negotiated as an investment
That would be very awkward (and even dangerous) to have a competitor as an investor.
drexlspivey
on Dec 19, 2023
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As opposed to them buying 100% of the company?
paulddraper
on Dec 19, 2023
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Correct
quickthrower2
on Dec 20, 2023
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Yep. To oversimplify it, you don’t need to change the oil on your previous car. Not your problem anymore.
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That would be very awkward (and even dangerous) to have a competitor as an investor.