Figma's top VCs are sitting on $24 billion worth of stock after massive IPO pop
19d ago
Business
CNBC

Venture capital firms are celebrating a significant windfall following Figma's successful IPO. Top VCs holding stock in the design software company are estimated to be sitting on gains of $24 billion. This comes after a period of relative quiet in the IPO market, making Figma's debut a particularly welcome event for investors seeking exits. The IPO's performance is expected to boost confidence in the tech sector and encourage other companies to consider going public.