FIG 주식에 추가 매수했어요 📈

Good luck arguing with the market.

🤣

Just put it into Microsoft bro 😭🙏

You are a brave man my friend. Yes, I just checked [its pros & cons analysis](https://www.stock-table.com/ticker/FIG/proscons?public_uuid=5a3de941-59e5-41e6-8c95-e78453ae9cf0), though its upside is not as big as investors once invisioned, its intrinsic value is still significantly higher than the current price of the stock. Companies implementing AI Agents for software development are starting to reduce reliance on Figma (including mine), so i probably won't touch it knowing that's probably going to be the long term trend.

All I know is that in the next 3-5 years, Figma will disappear. Hold whatever belief you have, but if you think Anthropic, DeepMind and OpenAI will let them alive, then you have no clue about the AI progress. The fact is that what Figma is doing is exactly what AI does the best and will only get better at it. Think of ChatGPT 3 years ago, and think of the abilities of coding and solving maths .. that current LLMs have, if you think in the next 3 years they will not be able to do what Figma does and way better and cheaper, then Im sorry, nothing will convince you, but be ready to watch it unfold in front of you.

Bad idea my friend. As SWE in one of biggest 20 companies I tell you AI in house software makes most design now

"market sentiment that AI is going to end real software"

People keep talking up this narrative of "the market thinks software is all going to zero because of AI and I think that's wrong." They're not all going to zero and nobody realistically thinks that but does the market think, "I'm not going to pay the same valuation for software names that I've paid in the past because of concerns about the future?" Yes.

This is a re-rating and some things will be oversold and bounce, but 1) when and from what level and 2) I don't think the upside is what people think it is: AI doesn't mean all software is zero'd but it does likely mean that the ceiling has been brought down. Software will find a floor at some point and bounce, but will have to contend with every AI announcement going forward a la CVS/Walgreens every single time Amazon put out a PR with the word healthcare in it.

Hope you do well but imho people are looking at this situation wrong. Also, there's a lot of software companies that haven't done anything to excite people enough to talk about them much at all in years past but because a narrative that "AI is going to send all software to zero" people suddenly buying stuff like CRM - people wanting to buy the 50%+ dip now because of a narrative but nobody was talking about it when it was down 50%+ in 2021-2022.

In terms of FIG, Adobe's offer 4 years ago was $20B. Market cap is less than half that. If they liked it at $20B, do they like it at $10B and maybe that's easier to get passed now than it was then?

You think you’re the smartest guy in the room.

I got news for ya’