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Figma shares plummeted 15 percent in after-hours trading despite beating expectations, driven by investor anxiety over a projected revenue growth slowdown. The decline highlights market fears regarding user attrition as software companies transition from free betas to paid AI pricing.
Jason Calacanis argues that Anthropic's ambition to be the sole surviving private company should alarm partners like Figma and ElevenLabs. If Anthropic seeks total market dominance, it is ultimately training its models to replace its own enterprise customers.
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