> The reason Figma was able to succeed in this space is that their engineering team was like the 90s-era Chicago Bulls of software development.
Huge contracts are built to extract as much wealth from the customer as possible without letting the victim know. Not by engineering talent. Huge contracts are what make Figma a success story.
That's such an unfair, pessimistic, and "economics-free" take. The giant enterprises with "huge contracts" as you point out are not "victims" - it's not like they're hapless newbies who don't know how enterprise contracts work. Especially in the case of Figma, where there are loads of competitive products (which was the point of the comment I was responding to), clients have plenty of other options. They chose and continue to choose Figma because they believe it gives them value over other possibilities.
Huge contracts are built to extract as much wealth from the customer as possible without letting the victim know. Not by engineering talent. Huge contracts are what make Figma a success story.