Re:Lina Khan points to Figma IPO as vindication of M&A scrutiny
by blitzar on Monday August 04, 2025 @06:00AM
(#44783784)
> bankers left 30+ billion in valuation on the table for their buddies
Small float, big hype, litterally designed to pump the stock on the float.
1.2bn was raised - of which only 0.8bn was cashing out existing shareholders - all the other investors got the pump as planned all for the low price of $1.6bn.
Basically the existing shareholders got watered down by ~5% and the value of the shares they still hold are 3x and now liquid, better than they got in any of the vc funding rounds.
Small float, big hype, litterally designed to pump the stock on the float.
1.2bn was raised - of which only 0.8bn was cashing out existing shareholders - all the other investors got the pump as planned all for the low price of $1.6bn.
Basically the existing shareholders got watered down by ~5% and the value of the shares they still hold are 3x and now liquid, better than they got in any of the vc funding rounds.