That is a loss with crushed dreams and ruined hopes for a massive payout.
More likely that Figma will instead use that extra $1B to fund for an IPO to make it up for this blocked acquisition.
What’s worse, overspending $20B or giving up $1B?
Ask Elon
Not for Figma, but for the VC's who've already paid for new jets or 8 figure apartments.
Why would it not be for Figma? The VCs won’t get cash from selling shares in the acquisition because the acquisition won’t happen.
Well, I guess it depends on your goals as Figma employee. So yes, but probably a net negative but the situation for the Figman employees and company is muddier than it is for the VCs.
Figma will be fine but I'd rather have the deal go through if I worked at Figma.