1 Reason I Haven't Bought Figma and Don't See a Scenario Where I Ever Will
Its collaboration platform works well enough. But it's not the only name in this increasingly competitive business.
Overview
The premise is clever enough. Figma (NYSE: FIG) lets members of a team working from different computers -- even working in different locations -- design, edit, and even test user interfaces for mobile apps, websites, and slide decks. Clearly there's demand for such digital tools.
There's also a significant challenge this company's business, however, that will never go away. Indeed, the more Figma's business grows, the bigger this challenge gets.
Details
Online collaboration tools aren't exactly new, or unique. Platforms like Slack, Dropbox, Microsoft Teams, and Monday.com (just to name a few) are in this category.
Source
Originally published at www.fool.com.