Figma's IPO Success Sparks Investor Excitement and Stock Surge
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.