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Posted by
Two Blokes Jul 3 -
Filed in
Stock
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25 views
Figma filed its S-1 to go public, potentially commanding a high valuation ($20B+), but valuation concerns remain as recent IPOs typically underperform initially. Figma, founded by Dylan Field and Evan Wallace, evolved from UX/UI design into an end-to-end product design and prototyping platform used widely, with rapid revenue growth (~46% YoY). AI integration is central to Figma's growth strategy, allowing rapid prototyping without coding. However, Adobe, OpenAI, and Anthropic pose significant competitive threats.
