Dylan Field Figma Net Worth As Design Company Acquired By Adobe
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GABRIELA HASBUN/THE FORBES COLLECTION
Adobe has recently announced that it has gone into a definitive merger agreement to acquire Figma, a collaborative graphics and design web application. Dylan Field, who is the CEO and co-founder of Figma, shared the news on Twitter and expressed: ‘With access to @Adobe’s deep expertise and innovation, we believe @Figma will be able to accomplish our vision of ‘making design open to all’ much quicker.
Dylan Field and Evan Wallace began building the design startup Figma to challenge Adobe’s PhotoShop. Presently Adobe has made them billionaires after announcing that it would acquire Figma for $20 billion in money and shares deal. Figma has been branded the Google Docs, or GitHub, for designers with a loyal client base in the large numbers paying between $12 or $45 per editor for its digital whiteboard product. Yet, who is Dylan Field? Furthermore, what does this acquisition mean for Figma?
With access to @Adobe's deep expertise and technology, we believe @Figma will be able to achieve our vision of "making design accessible to all" even faster. (2/9)
— Dylan Field (@zoink) September 15, 2022
Who Is Dylan Field?
Dylan Field is the CEO and co-founder of Figma, a graphics and design web application. As per his LinkedIn page, Dylan Field went to Brown University and reportedly studied computer science and mathematics. Following over two and a half years at the university, Dylan took a leave of absence in 2012 and accepted the Thiel Grant. Dylan Field describes this as a two-year grant of $100,000 to ‘stop out of college and reportedly pursue entrepreneurial projects. Before Figma, Dylan Field worked as a Product Design Intern and a software engineering intern at Flipboard. In a blog post for Figma, Field composed that one of the most outstanding pieces of his job as CEO is ‘playing anthropologist.’
Throughout the course of the past five years, I’ve seen firsthand the way in which working in a collaborative digital space moves groups from a mentality of ‘my ideas’ to ‘our ideas,’ he said, in numerous ways, design is deeply personal, and opening up that work to others to expand on and remix can feel like opening up a piece of yourself. Yet, that is the reason this change is so significant. In 2015, Dylan Field was highlighted in Forbes’ 30 Under 30: Consumer Technology list. He was only 22 at that point.
Adobe Announced The Acquisition Of Figma
Adobe on Thursday 15th September reported it has entered into a definitive merger agreement to acquire Figma, a leading web-first collaborative design platform, for roughly $20 billion in cask and stock. Established by Dylan Field and Evan Wallace in 2012, Figma, which permits clients to collaborate on software as they fabricate it, saw demand jump during the pandemic while additional individuals worked remotely. Shantanu Narayen, chairman and CEO of Adobe, said, Adobe’s significance has been rooted in our ability to make new classifications and deliver cutting-edge technologies through natural development and inorganic acquisitions.
The blend of Adobe and Figma is groundbreaking and will speed up our vision for cooperative innovativeness. As indicated by the press release, together Adobe and Figma will ‘reimagine the fate of creativity and productivity, speed up inventiveness on the web, advance product design and rouse worldwide communities of creators, designers and developers. Adobe and Figma both offer an enthusiasm for assisting people and groups with being more imaginative and useful, implying that the joined company will ‘power the future of work’ by uniting capacities for conceptualizing, sharing, inventiveness and joint effort and conveying these developments to a huge number of clients.
