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A comment on Figma Files Registration Statement for Proposed Initial Public Offering. Parent comment

Re:Figma Files Registration Statement for Proposed Initial P... by darth_avocado on Tuesday July 01, 2025 @05:39PM (#44438241)
While I like the product, the net income would worry me if I were to participate in the IPO. $280M net income in 2023 after they received $1B for the failed merger and $730M net loss because of RSU/Stock Awards in 2024 is not great when the total revenue for the company was $500M in 2023 and $750M in 2024.
[ Parent | on HN ]
Re:Figma Files Registration Statement for Proposed Initial P... by echelon on Wednesday July 02, 2025 @10:10AM (#44443958)
They're about to get upstaged by AI too.

Not because they can't be leaders in the space, but because there won't be any moat.

[ Parent | on HN ]