Figma, Backers Seek $1 Billion in IPO
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Figma founder CEO Dylan Field has disclosed that he plans to sell 2.35 million shares. At the midrange he’ll be cashing out of over $62 million. (That might be a much higher number if the IPO prices above $28, too.)
Figma disclosed a $70M Bitcoin ETF position and blockchain stock plans in its IPO filing, signaling crypto adoption.
Figma disclosed preliminary results for the second quarter showing revenue growth between 39% and 41% year over year.
After two blockbuster tech initial public offerings, investors are positively drooling over Figma’s upcoming listing. The design software company is expected to launch into a surprisingly hot market for tech offerings led by CoreWeave and Circle,
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