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Figma Files For IPO
mercredi 2 juillet 2025, 01:20 , par Slashdot
![]() Figma was founded in 2012 by CEO Dylan Field, 33, and Evan Wallace, and is based in San Francisco. The company had 1,646 employees as of March 31. Before establishing Figma, Field spent over two years at Brown University, where he met Wallace. Field then took a Thiel Fellowship 'to pursue entrepreneurial projects,' according to the filing. The two-year program that Founders Fund partner Peter Thiel established in 2011 gives young entrepreneurs a $200,000 grant along with support from founders and investors, according to an online description. Field is the biggest individual owner of Figma, with 56.6 million Class B shares and 51.1% of voting power ahead of the IPO. He said in a letter to investors that it was time for Figma to buck the 'trend of many amazing companies staying privately indefinitely.' 'Some of the obvious benefits such as good corporate hygiene, brand awareness, liquidity, stronger currency and access to capital markets apply,' wrote Field. 'More importantly, I like the idea of our community sharing in the ownership of Figma -- and the best way to accomplish this is through public markets.' As a public company, Field said investors should 'expect us to take big swings,' including through acquisitions. In April, Figma bought the assets and team of an unnamed technology company for $14 million, according to the filing. They also registered over 13 million users per month, one-third of which are designers. Read more of this story at Slashdot.
https://slashdot.org/story/25/07/01/2058244/figma-files-for-ipo?utm_source=rss1.0mainlinkanon&utm_me...
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