I think Figma is cooked. Not because they can’t eventually compete but because they’re just too slow. A company of 2500 can get outmaneuvered now by a team of 5 agentic engineers. To compete Figma would have to tear down all their internal bureaucracy ans process. Will they do that! Probably not.

And wait it gets even worse!

Why?

- Figma is sending Anthropic a bunch of training data from its own LLM assisted data. As much as Anthropic claims that it won’t use it, we all know what Amazon did with third party sellers.

- Anthropic hasn’t started to play hardball yet. Why wouldn’t they just hold back a model like Mythos (or better) while they use it to gut a few SaaS companies? It’s an easy way to increase their revenue!