Company Overview - Figma offers a collaborative design tool that helps enterprises efficiently build user interfaces and experiences as a group [3] - The platform has gained significant interest prior to its public offering [3] Competitive Advantages - Figma's product is designed for real-time collaboration, allowing multiple participants to work on the same project simultaneously, which reduces redundancies and misunderstandings [4] - The company employs a "freemium" model to attract users, facilitating their transition to revenue-generating features once they are familiar with the platform [4] - Figma integrates artificial intelligence (AI) into its development processes, enabling users to automate repetitive tasks and convert designs into interactive prototypes [5] - The platform has become a standard in bootcamps and design schools, enhancing its competitive edge through increased familiarity among users [5] Market Dynamics - Adobe attempted to acquire Figma for $20 billion, but regulatory concerns led to the abandonment of the merger, prompting Adobe to compete directly with Figma [6] Financial Performance - In the first nine months of 2025, Figma reported revenue of $752 million, reflecting a 41% increase compared to the same period the previous year [10] - The company estimates its addressable market at $33 billion, suggesting that current revenue levels are only a fraction of its growth potential [10] Stock Performance - Figma's stock has seen a 13% increase since its IPO on July 31, but investors who purchased a day later would have experienced a two-thirds decline in value [1] - The stock price has stabilized since mid-November, which may encourage some investors to consider buying [9]