Figma shares rose 250% after the software maker launched its IPO in US, nearly tripling their value from the IPO price of $33 to Thursday's closing price of $115.50. Figma is now valued at $68 billion, over thrice more than what Adobe was offering to buy the company in 2023. According to reports, four VCs now own $24-billion Figma stock.
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Ashley Paul /
11:53 am on
01 Aug