Figma, which makes a design platform, had been on the verge of a $20 billion sale before regulators quashed the deal. On Thursday, it went public, with the stock soaring 158 percent on its first trade.
Category: Field, Dylan (1992- )
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Figma in Talks With Bankers to Explore an I.P.O. This Year
The design tech company is exploring a public offering after regulators stymied its $20 billion sale to the software giant Adobe in 2023.
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After Figma’s $20 Billion Windfall Evaporated, It’s Picking Up the Pieces
Regulatory scrutiny felled the sale of Figma, a design platform, to Adobe. Now it’s grappling with employee expectations and a changing market.