#4
Figma
Adobe tried to buy for $20B. Regulators blocked it. $600M ARR. Killed Sketch.
Figma, created by Dylan Field after dropping out of Brown at 20, disrupted Adobe's hold on design tooling by making design real-time and collaborative in the browser, the way Google Docs did for documents. It displaced Sketch, InVision, and Adobe XD in most teams, leading to a $20 billion acquisition attempt by Adobe in 2022 that was abandoned in 2023 under regulatory pressure. Remaining independent, Figma passed $600 million ARR, and FigJam extends it to whiteboarding and brainstorming.
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