Adobe tried to buy Figma for $20 billion in 2022, but regulators blocked the deal. The start-up is growing rapidly and delivering a proift. The future looks bright for Figma. After dealing with the setback and offering severance to workers who wanted to quit,

Figma sets terms in its upcoming initial public offering, and co-founder Dylan Field could net more than $60 million from selling his personal shares.

The financials are impressive and founder CEO Dylan Field already cashed out $20 million worth of shares last year.

Silicon Valley royalty are set to be the big winners from Figma’s initial public offering this week. Former Meta and Google executive Sheryl Sandberg, former LinkedIn CEO Jeff Weiner, and venture capital firms Greylock Partners and Kleiner Perkins are all turning modest investments into

Figma may lead the way for other software companies including Genesys, Canva and Databricks to conduct multibillion-dollar deals, one analyst said.

The Figma IPO has plenty of buzz building around it, with the design software company expected to start trading this week.

Figma disclosed a $70M Bitcoin ETF position and blockchain stock plans in its IPO filing, signaling crypto adoption.

The company plans to list its shares on the New York Stock Exchange under the ticker symbol “FIG.” Chief Executive Officer Dylan Field has reportedly hinted that Figma could make acquisitions after going public.

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