Figma’s finally hitting the public markets and aiming to bag nearly $1 billion through its IPO. They’re putting up 36 million shares, with a price range of $25 to $28 each. If things land around the middle, the company could be valued at about $15.9 billion — not quite Adobe’s failed $20B buyout price, but still a strong comeback from its earlier $12.5B private tag. With this IPO, it’s not just cashing out — it’s sending a message: real utility in design tech is here to stay.
Credit: TechCrunch