I disagree.

If I was Figma, and I had to choose, I would go with Adobe. Adobe would have made Figma a core strategic product and would have made them much more relevant in a space that they deeply care about. Microsoft would never care that much about Figma, because the design/UX space isn't core to Microsoft. Also, Figma is too small for Microsoft to make it a centrepiece of any of their strategic initiatives.

Depressing to see people trusting M$ over literally anything else...

What other beloved product has MS acquired and made a lot better?

GitHub? But that's not the point. The point is the value of not having Figma sell to its largest competitor.

>The point is the value of not having Figma sell to its largest competitor.

Adobe does not compete with Microsoft in any meaningful way. There is some overlap in some products here or there, but it's not meaningful competition.

I'm not saying Adobe competes with Microsoft.

Adobe competes with Figma. The fact that Microsoft doesn't compete with Figma is precisely why it's ok for the former to acquire the latter.

Microsoft seems to be pretty hands off when it comes to acquisitions. Github/LinkedIn were both a acquired and each have grown a lot since the acquisition.