Figma

Figma’s IPO success is ‘a little bit of a meme stock,’ says Sapphire Ventures’ Jai Das

Startups /

Figma managed something rare in today’s market: it survived a failed Adobe acquisition, stayed independent, and went public on its own terms. But its post-IPO performance tells a more complex story about startup exits in 2025. “This is a little bit of a meme stock,” said Jai Das, president and partner at Sapphire Ventures, on […]

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Lina Khan points to Figma IPO as vindication of M&A scrutiny

Startups /

A surprising figure is celebrating Figma’s successful IPO: Lina Khan, former chair of the Federal Trade Commission. In a Friday afternoon post on X, Khan linked to an article about Figma’s impressive first day of trading and argued the IPO is “a great reminder that letting startups grow into independently successful businesses, rather than be

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Iconiq’s Will Griffith explains how his firm celebrated Figma’s IPO and why investors sold shares

Venture /

Will Griffith had only been two months in his job as a venture investor for Iconiq when he met a 19-year-old college dropout named Dylan Field. This would lead to one of his signature seed investments, in a startup called Figma. On Thursday, Figma went public with the stock popping from the $33 IPO opening

Iconiq’s Will Griffith explains how his firm celebrated Figma’s IPO and why investors sold shares Read More »

Figma’s stock soars in its highly anticipated IPO, market cap instantly hits $45B

Startups /

Figma began trading on the New York Stock Exchange on Thursday after a long delay. It soared so quickly that trading was halted for a short time due to market volatility. The price is currently bouncing between $101 and $112 with a mid-day market cap of $45 billion, Yahoo Finance reports. The company and existing

Figma’s stock soars in its highly anticipated IPO, market cap instantly hits $45B Read More »

Figma’s Dylan Field will cash out about $60M in IPO, with Index, Kleiner, Greylock, Sequoia all selling, too

Startups /

When Figma announced its initial hoped-for price range on Monday ($25-$28), it also revealed an unusual decision for its highly anticipated IPO.  It will allow existing shareholders to sell more shares than the company plans to sell, by a high ratio. The company plans to offer about 12.5 million shares. Yet existing shareholders will be

Figma’s Dylan Field will cash out about $60M in IPO, with Index, Kleiner, Greylock, Sequoia all selling, too Read More »