The Rundown Deep Dive: Can Figma’s IPO Live Up to the Hype?
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Jul 5, 2025 Figma is set to make waves with its IPO after 13 years of transforming design collaboration. Discover the company's rise as a design powerhouse and the unique innovations that set it apart from competitors. The discussion highlights the failed acquisition by Adobe and how AI is positioning Figma for its next big leap. Tune in for insights on what this means for the future of design and the industry as a whole!
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Figma's Origin Story
- Figma was created by Dylan Field and Evan Wallace, computer science students at Brown University, starting in 2012. - Their vision was to make design accessible and collaboratively intuitive like Google Docs, not just specialized software.
Adobe-Figma Acquisition Drama
- Adobe offered to buy Figma for $20 billion in 2022, which Figma accepted initially. - However, regulatory pushback stopped the deal and it was cancelled with Figma getting a $1 billion termination fee.
Figma's Wide User Base
- Two thirds of Figma's 13 million monthly active users are non-designers, like product managers and marketers. - This aligns with CEO Dylan Field's vision of making Figma a universally used tool like Google Docs.