Figma, Adobe and IPO
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Australian investors on Figma's $18.8 billion IPO. Learn about key financials, trading details, and investment strategies to navigate this major tech opportunity.
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Three Figma investors said the failed Adobe deal was an inflection point amid a fresh wave of opportunity thanks to AI.
Figma Inc. raises its IPO price to $30-$32, targeting a $1.2 billion raise, despite an earlier failed sale to Adobe and a challenging market environment.
“Adobe surely felt threatened by Figma’s success, not just with designers, but with non-designers, who increasingly relied on it for specifications, demos and collaboration.