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

ℹ️ EPISODE INFO

Released

September 17, 2022

Duration

1h 31m

Channel

All-In Podcast

Watch on YouTube

▶ Open ↗

📝 EPISODE DESCRIPTION

0:00 Bestie intro! 0:59 Adobe agrees to acquire Figma for $20B 19:21 How Adobe might bundle Figma, regulatory implications 38:59 Analyzing Google's "one off" acquisition of YouTube 49:33 Friedberg breaks down the latest TPB SPAC news 1:00:37 Pfizer sued for Title VI violation, substantial legislation change in 2022 1:05:07 FedEx drops after CEO says we're in a global recession, Russia/Ukraine update, UN chimes in on global famine Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Intro Video Credit: https://twitter.com/TheZachEffect Referenced in the show: https://www.google.com/finance/quote/ADBE:NASDAQ https://www.figma.com/blog/a-new-collaboration-with-adobe https://www.cnbc.com/2022/09/15/fedex-ceo-says-he-expects-the-economy-to-enter-a-worldwide-recession.html https://justthenews.com/government/courts-law/pfizer-sued-racial-bias-over-minorities-only-fellowship https://twitter.com/LizAnnSonders/status/1570711614277419009 https://www.nytimes.com/2022/09/13/us/politics/ukraine-russia-pentagon.html https://www.reuters.com/world/asia-pacific/exclusive-war-began-putin-rejected-ukraine-peace-deal-recommended-by-his-aide-2022-09-14/ https://www.axios.com/2022/09/16/un-345-million-starvation-risk-ukraine-war-worsens-crisis #allin #tech #news

🎤 SPEAKERS

• Jason Calacanis

  host

• David Friedberg

  host

• Chamath Palihapitiya

  host

• Narrator

  other

🧾 EPISODE SUMMARY

In this episode of All-In Podcast, featuring Jason Calacanis and David Sacks, E96: Adobe acquires Figma for $20B, TPB SPAC, FedEx CEO's recession warning, macro picture & more explores adobe’s Figma bet, SaaS disruption, SPAC revival, and macro shocks The episode centers on Adobe’s $20B acquisition of Figma, dissecting the deal’s valuation, Figma’s exceptional SaaS growth metrics, and the strategic rationale for Adobe neutralizing a core innovator’s dilemma threat. The hosts contrast monolithic software vendors like Adobe with platform bundlers like Microsoft, exploring antitrust, competition, and how bundling can quietly crush category leaders. They then pivot to Friedberg’s new agriculture-focused SPAC merger in Brazil, using it to discuss food security, fertilizer, and the mounting global famine risk. The conversation closes with macro signals from FedEx’s recession warning, war-in-Ukraine geopolitical risk, inflation, rate hikes, and briefly, David Sacks’ Salvador Dalí film project and AI art exhibit.

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