Adobe snaps up Figma in proposed $20B deal that has some scratching their heads

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By Christine Hall and Haje Jan Kamps

Thursday, September 15, 2022

Happy Thursday! Has everyone recovered from Zoom going down this morning? Don’t worry, Zoom is back up, but if anything, we hope it helped you have a quieter day…for a while at least.  — Christine and Haje

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Image Credits: Figma

The TechCrunch Top 3

  • One rival at a time: The digital design world got a treat today when Adobe announced it was buying Figma, one of its biggest rivals, in a $20 billion deal that has both investors and Figma enthusiasts pondering what will change and if those changes will be bad, Ingrid reports. Meanwhile, Alex gives his take on the deal over in TechCrunch+ land.
  • “The Merge” is here: Talk of “The Merge” has been with us for weeks, and today it is finally here. If you don’t follow cryptocurrency, this means that Ethereum, one of crypto’s most popular blockchains, has now switched to proof-of-stake consensus, which also means it will now consume a lot less electricity, Romain writes. And for TC+, Jacquelyn tells us why it matters that Lido, Coinbase, Kraken and Binance have a majority stake of ETH.
  • There’s a fix for that: Apple is clearing a path for easy iPhone 14 integration with a setup fix. Ivan has more.

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Startups and VC

Today, Haje has been running around at Micromobility America. They insist on using the MMA acronym, so he’s expecting a fist to the face any moment, but so far the only risk of injury has been from neck-breaking micromobility in the form of electric rollerblades. It’s probably a coincidence that Kav announced it is spooling up a 3D printing factory for bike helmets on the same day.

Looks like mobility is everywhere these days — Matt notes that mobility startups are filling the void in a Detroit auto show that’s a shell of its former self.

The TechCrunch team has been extraordinarily busy. There’s a wall of news on the TechCrunch homepage; here’s a few of the ones that caught our eye this fine Thursday:

Pitch Deck Teardown: Helu.io's $9.8M Series A deck

Helping small- and medium-sized enterprises with their controlling, reporting and budgeting may not sound exciting, but Austrian fintech startup Helu.io’s storytelling skills excited investors enough to raise a $9.8 million Series A in July.

With the exception of some details regarding unit economics and revenue, Helu shared its entire winning pitch deck with us. As these slides suggest, its founders took a straightforward approach:

Problem: “The CFO’s pain is Excel.”

Solution: “Good-bye Excel sheets.”

(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here. Use code “DC” for a 15% discount on an annual subscription!)

Read More

Pitch Deck Teardown: Helu.io's $9.8M Series A deck image

Image Credits: Helu

Big Tech Inc.

Whenever Call of Duty is mentioned, we can’t help but recall Rashida Jones’s character in “The Office” giving the game a shout-out. In today’s case, Jordan was there as Activision unveiled what the game’s next generation will look like.

Read more stories on TechCrunch.com

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Older messages

Join FTX Ventures' Amy Wu at TC Sessions: Crypto

Thursday, September 15, 2022

Don't miss out - book your pass today TC Sessions: Crypto on Nov 17 FTX Ventures' Amy Wu is coming to TC Sessions: Crypto We're thrilled to be hosting Amy Wu at TechCrunch Sessions: Crypto

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Thursday, September 15, 2022

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Tuesday, September 13, 2022

TechCrunch Newsletter TechCrunch logo The Daily Crunch logo By Christine Hall and Haje Jan Kamps Tuesday, September 13, 2022 The incomparable Mike Butcher just celebrated 15 years at TechCrunch. You

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Tech Lead Digest #108: On the team as a system

Sunday, September 25, 2022

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Sunday, September 25, 2022

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C# Digest #434: C# 11 – Introducing List Patterns Matching

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Sunday, September 25, 2022

In this week's issue of Creativerly: The best place to write things down, take beautiful screenshots, a super simple writing app, and a lot more. Creativerly Creativerly Creating a more spacious

The Station - EV charging deals keep coming, Ford squeezed by shortages and Kitty Hawk shuts down

Sunday, September 25, 2022

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Sunday, September 25, 2022

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Here's Why You'll Never See Movie Villains Use iPhones

Sunday, September 25, 2022

Did You Know?: The same woman, Kathryn Beaumont, provided both the voice acting for Alice and Wendy in the original Disney films Alice in Wonderland (1951) and Peter Pan (1953) as well as their

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Sunday, September 25, 2022

Every visualization published this week, in one place. Sunday Digest - Every Infographic From the Past Week View this email in your browser Sunday Digest: Last Week's Infographics Here are all the

Console #124 -- An Interview with Jason of Typesense

Sunday, September 25, 2022

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Sunday, September 25, 2022

View in web browser 537 September 25th, 2022 Articles & Tutorials Triggering Alarms Tutorial for Android Denis Buketa teaches how to set up alarms in your Android apps using the AlarmManager API,