Figma IPO

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 […]

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

From Meta’s massive offers to Anthropic’s massive valuation, does AI have a ceiling?

AI /

Meta is still going all-in on the AI talent war, with Mark Zuckerberg reportedly reaching out to top recruits himself, throwing around jaw-dropping compensation packages that top $1 billion over multiple years. And Meta’s latest target? Mira Murati’s new startup, Thinking Machines Lab. It’s a bold play in an already overheated market. While Zuck eyes

From Meta’s massive offers to Anthropic’s massive valuation, does AI have a ceiling? Read More »