Figma's IPO Success Sparks Investor Excitement and Stock Surge
TL;DR Summary
Will Griffith of Iconiq reflects on investing in Figma from its seed stage to its recent IPO, which saw the company's stock surge to a $47 billion market cap. Despite most shares sold being from existing investors, the IPO was highly oversubscribed, highlighting Figma's strong fundamentals. Griffith praises Figma's founders and emphasizes that the IPO is just a milestone in the company's ongoing growth.
- Iconiq's Will Griffith explains how his firm celebrated Figma's IPO and why investors sold shares TechCrunch
- Figma more than triples in NYSE debut after selling shares at $33 CNBC
- Cathie Wood Buys $69M Worth of Figma Stock on Blockbuster IPO Debut TipRanks
- Figma’s $20 Billion Sale Died. It Came Back to Go Public. The New York Times
- Design software maker Figma's shares surge 158% in blowout market debut Reuters
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