Figma files S-1, plans public debut under ticker 'FIG'

Figma's IPO - Figma is planning to go public on the New York Stock Exchange under the symbol FIG [1] - Figma reported $821 million in revenue over the past year, with a 46% year-over-year growth rate [2] - CEO Dylan Field highlights liquidity and community ownership as reasons for going public [3] - Figma expects to invest in its platform or pursue M&A at scale [4] Market Dynamics - Adobe previously attempted to acquire Figma for $20 billion but abandoned the plan [3] - The discussion revolves around companies staying private longer and the implications for public markets and liquidity [4] - There's a conversation about tokenizing the private market and its potential impact [5] - Concerns are raised about allowing non-accredited investors to buy into private companies due to disclosure requirements [6] - There's a move on the SEC to potentially widen the definition of accredited investors [7]