"Figma is exploring an initial public offering after regulatory roadblocks halted Adobe's acquisition attempts, signaling a shift for tech firms towards going public."
"Following regulatory scrutiny and an unsuccessful acquisition by Adobe, Figma's CEO emphasized plans for an IPO are on track as tech companies anticipate a public debut."
Figma is in discussions with investment banks about a possible initial public offering (IPO) this year, especially after regulatory hurdles blocked Adobe's $20 billion acquisition attempt. CEO Dylan Field has indicated that Figma's focus is now on going public instead of being acquired. The tech landscape shows a notable shift as companies, including A.I. providers and social platforms, are increasingly exploring IPOs amid tightened regulatory scrutiny, suggesting a new era for tech funding and market entry.
Read at www.nytimes.com
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