The Downfall Of Adobe

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Adobe's stock has declined 24.7% over five years despite revenue growth from $16B to $22B, driven by their 2013 shift to subscription pricing. The company faces criticism for outdated software UI, poor AI integration, confusing pricing plans, aggressive cancellation fees, and anti-competitive practices like attempting to acquire Figma for $20B. After regulators blocked the deal, Adobe paid Figma a $1B termination fee, giving their competitor resources to innovate. Browser-based tools like Figma are gaining traction, suggesting creative software may shift away from desktop applications toward web platforms with technologies like WebGPU.

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