@digitaldimension
The design collaboration platform Figma, the company that Adobe "couldn't get," has made a stunning debut on the New York Stock Exchange. On July 31, Figma went public with an IPO price of $33 per share, with its stock soaring to a high of $112 on its first day of trading—a gain of over 200%. The rally briefly pushed its market capitalization past $50 billion, cementing its status as one of the largest venture-backed tech IPOs in recent years and signaling the return of tech unicorns after a three-year capital winter in Silicon Valley.
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