"Figma is expected to target a fully-diluted valuation of up to $16.4 billion in its initial public offering, aiming to raise up to $1.03 billion by selling nearly 37 million shares."
"The listing is anticipated to mark a significant moment for Figma, following the failure of its $20 billion sale to Adobe over regulatory hurdles in Europe and the UK."
"Figma reported a revenue growth of 46% in Q1 2025, with net income increasing three-fold, showcasing its strong market position."
"Tomasz Tunguz highlighted that Figma's collaborative platform serves as its primary marketing engine, enabling viral adoption and superior sales efficiency."
Figma aims for a fully-diluted valuation of $16.4 billion with its IPO, seeking to raise up to $1.03 billion by selling nearly 37 million shares priced between $25 and $28. This listing is expected to mark an important phase for the company after its unsuccessful $20 billion sale to Adobe due to regulatory issues. Figma's revenue surged 46% in early 2025, with net income tripling. The company has also invested significantly in bitcoin, showing its innovative approach and interest in cryptocurrency.
Read at Fast Company
Unable to calculate read time
Collection
[
|
...
]