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Balaji·2025-08-02 19:01

Success truly has a thousand fathers, and failure is an orphan. Because the Figma IPO is so big that apparently even the most dedicated anti-tech haters want to get their name into the winner’s circle.But the chutzpah here is off the charts. This one reminds me of Gensler taking credit for the Bitcoin ETF, after he got forcibly dragged across the finish line by a court process.Let me explain why.(1) First, the amazing thing about tech “monopolies” is that we have so many of them. That is, we have at least s ...