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> Fast forward a decade and that $19.99/mo product has become $89.99/mo and the value prop has plummeted on top of it.

Counterpoint - most management teams undersell their sales relative to what the market is willing to pay them. Adobe is figuring out where that local maxima is (still).

> they are just moving to different ecosystems -- procreate, davinci, foxit, etc.

Are they though? Source?

These figures would suggest otherwise:

Year Active Subscribers

  2013 1.4 million
  2017 12.0 million
  2020 19.5 million
  2021 22.0 million
  2022 24.5 million
  2024 29.5 million
https://photutorial.com/adobe-statistics/


It's crazy to think that $29.5m x $19.99 (old smallest price) is $589m. That's just a starting point for revenue. Wild.




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