Core Insights - Figma (FIG.US) made a strong debut on the NYSE, soaring 250% on its first day, resulting in significant returns for early venture capital investors [1][2] - The company had a total private funding exceeding $300 million before going public [4] Investment Returns - Index Ventures invested nearly $100 million during Figma's seed round, with shares valued at $2.17 billion at IPO and increasing to $7.23 billion by the end of the first trading day [1] - Greylock Partners invested approximately $50 million, with shares valued at $2.03 billion at IPO and rising to about $6.75 billion by the end of the first trading day [1] - Kleiner Perkins invested $90 million, with shares valued at $1.82 billion at IPO and increasing to $6.05 billion by the end of the first trading day [3] - Sequoia Capital invested around $150 million, with shares valued at $1.13 billion at IPO and rising to approximately $3.75 billion by the end of the first trading day [3] Company Valuation - Figma's IPO price was set at $33 per share, giving it a fully diluted valuation of $18.5 billion, which increased to $65 billion by the end of the first trading day [2] - The company was previously targeted for acquisition by Adobe for $20 billion in 2022, but the deal fell through due to regulatory issues [2] Founders and Vision - Figma's co-founder Dylan Field holds an 11% stake in the company, significantly increasing his wealth through the IPO [2] - Index Ventures partner Danny Rimer emphasized the importance of design in consumer technology, aligning with Field's vision [2]

Core Insights - Figma (FIG.US) made its debut on the New York Stock Exchange, soaring 250% on its first day, resulting in significant returns for early venture capital investors [1][2] - Index Ventures, Figma's largest backer, invested nearly $100 million during the seed round, with its stake valued at $72.3 billion by the end of the first trading day [1] - Greylock Partners, the second-largest investor, invested approximately $50 million, seeing its stake rise to about $67.5 billion after the IPO [1][3] Investment Returns - Figma's IPO price was set at $33 per share, with a fully diluted valuation of $18.5 billion, which increased to $65 billion by the end of the first trading day [2] - Index Ventures' partner Danny Rimer highlighted the long-term vision of Figma's co-founder Dylan Field, who holds 11% of the company [2] - Kleiner Perkins invested $90 million during the B round at $0.33 per share, with its stake valued at $60.5 billion by the end of the first trading day [3] Other Notable Investors - Sequoia Capital invested approximately $150 million in Figma, with its stake valued at around $37.5 billion post-IPO [3] - Other significant investors include Andreessen Horowitz and Durable Capital Partners, who participated in various funding rounds as Figma's valuation increased [3] - Figma raised over $300 million in total funding during its private phase, indicating strong investor confidence in its growth potential [3]