The Rundown Figma CFO on OpenAI Integration, AI Monetization, and Global Growth Catalysts
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Oct 19, 2025 Praveer Melwani, CFO of Figma, has played a pivotal role in the company's recent IPO and offers insightful reflections on its first day and the overall IPO process. He discusses Figma's exciting integration with OpenAI's ChatGPT and how the company is shifting AI from a mere feature to a comprehensive business model. Praveer also shares thoughts on global expansion, the importance of localization, and how AI tools can enhance productivity without overshadowing creativity. His vision for Figma balances innovation with long-term growth strategies.
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The IPO Week Roller Coaster
- Praveer recalls the IPO week as a roller coaster where the team accomplished a huge amount in a short time.
- The first-day stock surge surprised them but they stayed focused on long-term inputs over short-term volatility.
First-Day Pop Explained
- The first-day pop reflected constrained float and strong interest, not a change to Figma's core balance sheet.
- Praveer stressed educating the public on Figma's long-term story rather than focusing on day-to-day price moves.
Prioritize Long-Term Investor Alignment
- Do prioritize long-term investor alignment that accepts short-term investment to drive future product-led revenue.
- Expect near-term margin headwinds from investments that should translate into higher platform usage and monetization later.