Village

@0xsmac 👏

1/ good stuff i read this week (week of jan 16th edition) 📚📚📚

@tanayj Unbelievable. Lots of people wondering what it means for founders raising capital in this environment. According to Tunguz, probably doesn't mean much (tomtunguz.com/figma-acquisit…). Not sure if you read this, but a great piece on why Figma wins: kwokchain.com/2020/06/19/why….

Some notes on Adobe's acquisition of Figma Figma financials: • $400M in ARR in 2022 growing ~100% y/y • >150% net dollar retention • >90% gross margins • positive operating cash flows