Adobe, every mention

37 scenes (2025), the whole family · ← back to Adobe

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every year 2025 anyone Harry Stebbings 115Jason Lemkin 86Scott Belsky 29Rory O'Driscoll 16Wesley Chan 13Omer Shai 9Kayvon Beykpour 6Des Traynor 5Mike Mignano 4Mike Cannon-Brookes 4

Verbatim, from the transcripts: the passages where Adobe comes up

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Predictions for 2026: Top Buy & Biggest Short | Why Salesforce Could Win & NVIDIA’s Challenges · 20VC with Harry Stebbings Dec 22, 2025 · 9 mentions

  • ▶ 42:08 unnamed speaker Are they claiming they have AI revenue like Adobe, but, but it's really an AI product, but not revenue. 7 times in the scene
  • ▶ 49:31 unnamed speaker I'm sure they're using Firefly and generating images with AI, but to me, it don't count unless it's net new bookings.
  • ▶ 54:19 unnamed speaker That's going to be the, I think the biggest risk when you're, and I think it's interesting, we're kind of dissing on Adobe, we're kind of worried, dissing on Microsoft, we're dissing on Salesforce.

Eventbrite Sold for $500M, Databricks $5B Raise at $134B Valuation & Why SaaS is Like Japan · 20VC with Harry Stebbings Dec 4, 2025 · 2 mentions

  • ▶ 22:49 unnamed speaker Companies were talking about because let's lump in SEMrush because they were acquired two weeks ago by Adobe and Jason and I disagreed, but we definitely felt someone like Adobe could do something with that asset. 2 times in the scene

Anthropic Raises $30B from Microsoft & NVIDIA & NVIDIA’s Core Business Faces TPU Threat · 20VC with Harry Stebbings Nov 27, 2025 · 13 mentions

  • ▶ 1:00:32 Jason Lemkin Yeah. 2 times in the scene
  • ▶ 1:05:28 unnamed speaker Pretty much a sleepy company, and Adobe just recently bought them for, you know, what was it, about two billion, Jason? 8 times in the scene
  • ▶ 1:12:24 unnamed speaker I, I actually, genuine comment here, kind of, I do think, I understand your point about, you know, how actionable is the information, but look, you were at Adobe marketing, stepping back another decade before you were there. 3 times in the scene

Benchmark's GP, Everett Randle on Why Mega Funds Will Not Produce Good Returns · 20VC with Harry Stebbings Nov 10, 2025 · 2 mentions

  • ▶ 25:30 Everett Randle And I think that's like an amazing example of, yeah, do they, does, does AWS have lower gross margins than, you know, Adobe? 2 times in the scene

OpenAI Restructuring: Who Wins and Who Loses & Mercor Raises $350M at a $10BN Valuation · 20VC with Harry Stebbings Oct 30, 2025 · 2 mentions

  • ▶ 57:59 Harry Stebbings Synthesia, one of the hottest, fastest growing AI companies, now at a hundred and fifty million in ARR, reportedly turned down a three billion dollar offer from Adobe to be acquired, and they're going to be raising a new round at well… 2 times in the scene

Atlassian CEO, Mike Cannon-Brookes on Why Everything is Overvalued & Are We in an AI Bubble · 20VC with Harry Stebbings Oct 13, 2025 · 3 mentions

  • ▶ 47:16 Mike Cannon-Brookes Some of the companies we looked up to to the most as nerdy students of technology were like Microsoft, Adobe, Intuit. 3 times in the scene

Are Burn Multiples BS in an AI World? & Sam Altman Needs $1TRN of Energy · 20VC with Harry Stebbings Oct 2, 2025 · 2 mentions

  • ▶ 20:41 Jason Lemkin Adobe has five billion of AI influenced revenue.
  • ▶ 25:21 Jason Lemkin And so we don't, we're not gonna wait a year, like when I was at Adobe, we waited five years to implement Salesforce.

Groq Founder, Jonathan Ross: OpenAI & Anthropic Will Build Their Own Chips & Will NVIDIA Hit $10TRN · 20VC with Harry Stebbings Sep 29, 2025 · 1 mention

The Impact of H1B Visas on Startups in the US & NVIDIA Invests $100BN Into OpenAI · 20VC with Harry Stebbings Sep 25, 2025 · 3 mentions

  • ▶ 17:43 unnamed speaker What I saw when I was at Adobe, which I think NVIDIA is doing the same, it's not a brand new company, NVIDIA, right? 3 times in the scene

Opendoor CEO, Kaz Nejatian: OpenAI and Oracle, How Can Either Afford to Do This · 20VC with Harry Stebbings Sep 18, 2025 · 25 mentions

  • ▶ 1:05:06 Harry Stebbings The fact that Adobe or Canva could do what Higgs field does, and with the existing distribution they have, do it. 5 times in the scene
  • ▶ 1:25:09 Harry Stebbings Adobe is getting crushed by the markets, but the revenue is strong, continuing to increase. 9 times in the scene
  • ▶ 1:29:18 unnamed speaker But yes, just think if they bought it, you'd be getting those little pop-ups from Figma, too, telling you, you know, you've used up your license for Figma Adobe Cloud. 10 times in the scene
  • ▶ 1:31:54 unnamed speaker Adobe wants to add Firefly and AI to your, to your expensive suite, and Microsoft's half giving up on getting people to buy AI co-pilot for office, but what we really want is not even to buy those seats.

20VC: Why AI SDRs are BS and Do Not Work | How to Use AI in Your Sales Team and Process to Win Today | What Skills Do All New Reps Need to Have in an AI First World with Amit Bendov, CEO @ Gong Sep 12, 2025 · 1 mention

  • ▶ 15:21 Amit Bendov You know, I wouldn't hire that, like, high pedigree, uh, VP from Salesforce or Adobe or whatever.

Figma's 250% Pop - The Greatest IPO Mispricing Ever? Meta & Microsoft Blowout Quarters: Broken Down · 20VC with Harry Stebbings Aug 7, 2025 · 3 mentions

  • ▶ 1:01:14 Brian Halligan Um, so they're outpacing HubSpot, Salesforce, Adobe, um, Box, Atlassian, everybody.
  • ▶ 1:03:45 unnamed speaker And this is certainly what I learned in my tenure as a VP at Adobe. 2 times in the scene

Why Apple Needs a Management Overhaul & Why Google is Catching Up with Hyperscalers · 20VC with Harry Stebbings Jul 31, 2025 · 2 mentions

  • ▶ 1:02:27 Jason Lemkin And so like when I was a VP at Adobe, you're trapped with your 40% net margins because you can't invest in anything because the market is expecting cash to rain to the bottom line come.
  • ▶ 1:07:14 Jason Lemkin I just remember September, 22, September, 20, 22 Saster annual was in September then, and the Adobe deal acquisition happened and it, no one talked to 10,000 people talked about nothing but Figma.

How Do All Providers Deal with Anthropic Dependency Risk & Figma IPO Breakdown: Where Does it Price? · 20VC with Harry Stebbings Jul 24, 2025 · 1 mention

Windsurf x Google x Cognition: Full Breakdown: Who Made Money, Who Did Not · 20VC with Harry Stebbings Jul 17, 2025 · 2 mentions

  • ▶ 8:08 Rory O'Driscoll They picked themselves off the floor after the Adobe fucking over from the FTC and said, God damn it, we'll show you we're all wrong.
  • ▶ 40:45 Jason Lemkin And every designer is going to have creative cloud and Figma.

Figma’s IPO: The Full Breakdown & Why Melio’s $2.5BN Acquisition is “Discouraging” · 20VC with Harry Stebbings Jul 3, 2025 · 10 mentions

  • ▶ 2:21 Jason Lemkin I, I, it's, um, you know, the only thing is a twenty billion, you know, which is just what Adobe was going to pay almost 24 months to today, twenty billion is 20 times current revenue, right? 10 times in the scene

Elon’s Empire: SpaceX, Tesla, Neuralink After the Storm & Anduril’s $2.6BN Power Move · 20VC with Harry Stebbings Jun 12, 2025 · 4 mentions

  • ▶ 11:36 unnamed speaker It must have been a very difficult management challenge to pick yourself up having decided to sell to Adobe for twenty billion, not getting the deal done, having to, you know, getting some capital, doing a secondary at 10.
  • ▶ 1:11:33 Jason Lemkin The only thing I thought about when I saw this, when I was a VP at Adobe and Chantanu was the CEO, not a founder, but on the rise there, I mean, 3 times in the scene

20Product: Figma CPO on How Figma Builds Products: What Works, What Does Not | How Figma Does Testing and Product Reviews | The Future of Design, Engineering and Product with Yuhki Yamashita May 16, 2025 · 1 mention

  • ▶ 52:47 unnamed speaker I would say probably, I mean, if I'm fully being honest, it was coming out of the breakup with Adobe and making sure that our community understood that we're business as usual, and we're here, and we're the Figma you know and love, and…

What Does it Take to Be Good at Series A and B Today? · 20VC with Harry Stebbings May 1, 2025 · 1 mention

  • ▶ 52:00 unnamed speaker And I think the interesting thing, there are examples in the past, like for example, Adobe way back in the late nineties,

How LP Deployment to Venture Will Change in 2025 & Are Endowment Funds in Trouble? · 20VC with Harry Stebbings Apr 24, 2025 · 3 mentions

Elias Torres, Co-Founder and CEO @ Agency: What No One Tells You About Selling Your Company · 20VC with Harry Stebbings Mar 21, 2025 · 1 mention

Jake Saper, GP @ Emergence Capital: "We Sold Salesforce Early and Lost Out on Billions" · 20VC with Harry Stebbings Mar 10, 2025 · 1 mention

Sridhar Ramaswamy, CEO @Snowflake: Deepseek is Not a Threat to OpenAI & OpenAI Beats Anthropic|E1258 · 20VC with Harry Stebbings Feb 10, 2025 · 1 mention

  • ▶ 36:52 Harry Stebbings You know, I'm friends with Scott Belsky, for example, who obviously former CPO to Adobe just recently.

Nabeel Hyatt, GP @ Spark Capital: To Win in AI, Investors Need to Change Their Approach | E1255 · 20VC with Harry Stebbings Feb 3, 2025 · 1 mention

  • ▶ 45:02 Nabeel Hyatt And that's obviously a world where, 2023 was kind of the big adaptation push, and that was when Adobe Firefly launches, it's when Spotify DJ launches, it's when
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