I stumbled upon this bit about Figma going public while daydreaming about coffee. Anyway, where was I? Oh right, Figma. So they’re this design software company that’s scrambling to get their shares on the market, and guess what? They bumped the price up a smidge — now they’re thinking $30 to $32 each, instead of the $25 to $28 they first had in mind. I mean, who doesn’t love a good price hike?
Now, let me be honest, when I first heard “Figma,” I thought we were talking about some new yoga class. Turns out, it’s a pretty big deal. They’re hoping to be worth somewhere between $17.6 billion to $18.8 billion. Sounds like Monopoly money to me.
Oh, and remember when Adobe tried to snatch up Figma for $20 billion? Yeah, that didn’t fly ’cause the regulators weren’t too thrilled. Apparently, being too big isn’t always good news. Surprise, surprise.
Here’s the kicker — or maybe not, who knows — Figma’s one of the most valuable tech companies that’s still privately held. And then there’s Chime and Circle, which went public in June. Circle’s and CoreWeave’s stocks apparently doubled. If only my paycheck did the same. Anyway – wait, no, lost my train of thought again – that’s about it with Figma and all their IPO excitement.
Finishing this up makes me think I should consider stock trading or, you know, just stop daydreaming.
