To The Moon

Francisco-based design software company, has officially filed for an IPO and plans to trade on the NYSE under the ticker “$FIG.”Known for strong revenue growth, up 46% year-over-year in Q1 2024, and a large global user base, Figma enters the public market after a scrapped $20B acquisition deal with Adobe in 2023.The IPO comes amid renewed investor interest following a long IPO drought. Founded in 2012 by Dylan Field and Evan Wallace, Figma has 1,646 employees and major backers like Index Ventures and Sequoia.Field, who holds a majority voting stake, said the move aims to expand ownership and access capital markets.Figma ended Q1 with $1.54 billion in cash and has recently made acquisitions and invested in Bitcoin-related assets.The offering is led by $M

Francisco-based design software company, has officially filed for an IPO and plans to trade on the NYSE under the ticker “$FIG.”Known for strong revenue growth, up 46% year-over-year in Q1 2024, and a large global user base, Figma enters the public market after a scrapped $20B acquisition deal with Adobe in 2023.The IPO comes amid renewed investor interest following a long IPO drought. Founded in 2012 by Dylan Field and Evan Wallace, Figma has 1,646 employees and major backers like Index Ventures and Sequoia.Field, who holds a majority voting stake, said the move aims to expand ownership and access capital markets.Figma ended Q1 with $1.54 billion in cash and has recently made acquisitions and invested in Bitcoin-related assets.The offering is led by $M