Looks like Qatalyst advised Figma while Allen & Co advised Adobe. Crazy big transaction advised by boutique shops. Apparantly price paid was >50X Figma's revenue. Thoughts? Qatalyst and Allen & Co must've made a killing in fees.
| +237 | Investment Banks Ranked By Your Divorced Blue Collared Uncle | 19 | 4h |
| +162 | Think Twice before Recruiting for HOUSTON IB!! | 65 | 3d |
| +146 | UBS Exits 2026 | 39 | 1d |
| +69 | Congrats on the ROs. I Still Don’t Know Which One You Were | 8 | 1d |
| +52 | Work life balance = highly overrated | 20 | 46m |
| +39 | IB RO Discussion | 8 | 16h |
| +39 | Did not get a return offer due to headcount, but happy to move on. | 8 | 1d |
| +29 | Getting a BB job just for brand name? | 5 | 1d |
| +29 | Lied about bonus to future employer | 17 | 1d |
| +28 | Early VP promo timeline | 16 | 44m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
50x ARR is what I read. Read about Quattrone / Boutros's playbook and hardo tactics, but goddamn. Real ballers.
where can i read about that haha
Just google around for articles about George Boutros. There was one where Meg Whitman called him evil and refused to negotiate with them.
insane. True ballers on the banking side. I don't know how the board at Figma approved this.
What do you mean? That's a crazy multiple in this environment/public comps.The Figma board is full of VCs who just got a massive exit (2x from when they last raised last year) in a shitty capital market. I'm sure this mark helps a lot of people go fundraise for beginning of next cycle and mitigates any down rounds we might see/have seen.
I don't think this is a turn in the broader market by any means. Adobe paid up because (a) from a product perspective, it's pretty transformative IMO and opens up new doors for them, and (b) they're also paying for 80-100% or whatever ridiculous growth Figma has down.
Figma? More like Adobe Ligma
insane multiple - Adobe stock getting slapped and heat on the board & corp dev team bout to turn up (toasty)
I think there’s a serious chance regulators block this.
Idk if the regulator is going to split enough hairs to determine that a $130bn company buying a company with $400mm in revenues (which was 8 figures in rev 2 years ago) is going to alter the market structure of an industry.
Voluptatum sit enim delectus perspiciatis itaque. Dolorem cumque omnis recusandae voluptatem vero.
Quia laboriosam qui molestiae fuga non. Soluta officia qui suscipit mollitia. Inventore dolor aliquam est molestiae ut non. Animi aut nobis architecto quo. Facilis modi in dolorem at est dolorem impedit voluptas.
Voluptatem voluptas et voluptatum voluptatem et corporis et. Necessitatibus rerum ut placeat accusamus voluptatem. Nostrum sequi impedit voluptate et ipsum hic.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...