Figma Company News & Analysis — The Information

Recent Articles about Figma

OpenAI CEO Sam Altman. Photo via YouTube/OpenAI.

OpenAI’s Apple-Like Moment

By Martin Peers · Aug 7, 2025 5:00pm PDT · 1 comment

Apple’s next iPhone unveiling is a month away, but OpenAI may have just sucked all the new tech product excitement out of the room with today’s GPT-5 unveiling. The livestream, featuring a parade of staffers highlighting the new flagship AI model’s range of impressive capabilities, was eerily reminiscent of an Apple iPhone event—slickly produced... Apple’s next iPhone unveiling is a month away, but OpenAI may have just sucked all the new tech...

Art via Mike Sullivan

AI Coding Startups Like Cursor Have Gotten Too Rich

By Anita Ramaswamy · Aug 6, 2025 6:00am PDT · 5 comments

Investors have embraced vibe coding as the next big thing in artificial intelligence. They are pouring cash into fast-growing companies offering coding assistants that can speed the work of software engineers—or potentially replace them. That optimism may be shortsighted. The companies that make AI models, such as OpenAI and Anthropic, are... Investors have embraced vibe coding as the next big thing in artificial intelligence. They are...

Snap CEO Evan Spiegel at The Information's Future of Influence event in June. Photo by Erin Beach.

Snap’s Earnings Show a Stalled Business

By Martin Peers · Aug 5, 2025 5:00pm PDT

Last Friday, the day after Figma went public with a 250% pop, former Federal Trade Commission Chair Lina Khan tweeted that Figma’s success was “a great reminder that letting startups grow into independently successful businesses, rather than be bought by existing giants, can generate enormous value.” Good point. But for every Figma, there’s a... Last Friday, the day after Figma went public with a 250% pop, former Federal Trade Commission...

Photo via Getty

Figma's Drunk Elephant in the Room

By Cory Weinberg · Aug 5, 2025 3:48pm PDT · 1 comment

Photo via Getty

Figma's Drunk Elephant in the Room

By Cory Weinberg · Aug 5, 2025 3:48pm PDT · 1 comment

Figma CEO Dylan Field knows people are going to stare at his stock price. “You can’t tell people, ‘Don‘t look at the elephant in the room.’ There’s an elephant in the room — it’s dancing, it’s drunk,” he said in a TV interview the day the company went public last week.But the 33-year-old will have to defy some history if he’s going to get Figma... Figma CEO Dylan Field knows people are going to stare at his stock price. “You can’t tell people,...

An Amazon data center in Virginia. Photo via Getty.

Why Big Tech’s Cloud Shift Threatens Microsoft and Google’s Margins

By Martin Peers · Aug 1, 2025 3:00pm PDT

Don’t count out Amazon. This was not the commerce cloud giant’s week, to be sure. When it comes to the great artificial intelligence cloud race, which now overwhelms all else in tech, Microsoft and Google appear to be ahead. Both companies posted accelerating growth in their cloud units for the June quarter, unlike Amazon. But one element is... Don’t count out Amazon. This was not the commerce cloud giant’s week, to be sure. When it comes...

Pro Weekly: The Week in The Information Pro

Pro Weekly: The Week in The Information Pro

By The Information Staff · Aug 1, 2025 11:00am PDT

This week, the tech world is buzzing with major news, from the financial milestones of leading AI companies to a lively IPO market. In generative AI, OpenAI and Anthropic are showcasing explosive revenue growth, while Figma's successful debut has injected new life into the IPO landscape. Klarna's has renewed plans to go public and a... This week, the tech world is buzzing with major news, from the financial milestones of leading AI...

Photo via Getty

Figma’s Bubble and Apple’s Surprise

By Martin Peers · Jul 31, 2025 5:00pm PDT

What a day! Apple surprised with a much better quarter than it had projected, lifting revenue in the June quarter 10%, thanks to 13% higher iPhone revenue, the best iPhone quarter in four years. Amazon, meanwhile, reported the best growth for its online stores in three years. (See below for more on the quarterly results.) The biggest news today,... What a day! Apple surprised with a much better quarter than it had projected, lifting revenue in...

Dylan Field, co-founder and CEO of Figma, rings the opening bell today at the New York Stock Exchange. Photo via Getty

Figma’s Shares Soar 250% in IPO, Making It Hottest in String of Tech Deals

By Cory Weinberg · Jul 31, 2025 1:31pm PDT

Dylan Field, co-founder and CEO of Figma, rings the opening bell today at the New York Stock Exchange. Photo via Getty

Figma’s Shares Soar 250% in IPO, Making It Hottest in String of Tech Deals

By Cory Weinberg · Jul 31, 2025 1:31pm PDT

Figma became the second-most richly valued publicly traded software company, after Palantir, following a blockbuster initial public offering. The company’s shares rose more than 250%, pushing its enterprise value at the end of Thursday to $67 billion. That means that investors are valuing Figma at about 55 times the revenue that bankers expect... Figma became the second-most richly valued publicly traded software company, after Palantir,...

Mark Zuckerberg and Satya Nadella. Photos via Getty

Microsoft and Meta Have a Bonanza June Quarter

By Martin Peers · Jul 30, 2025 5:00pm PDT

For big tech, business is booming. That’s good, because their costs are also skyrocketing. Microsoft and Meta Platforms both reported better than projected June-quarter earnings on Wednesday, sending stocks of the two leaping 9% and 11.7%, respectively, in after-hours trading. But there may well be a reckoning, as both companies projected... For big tech, business is booming. That’s good, because their costs are also skyrocketing....

Kraken CEO Arjun Sethi. Photo via Getty

Kraken’s $15 Billion Price Tag; Dylan Field’s Unusual Power

By Cory Weinberg · Jul 29, 2025 3:01pm PDT

The tech investment climate feels more like New York City (97 degrees) today than San Francisco (67 degrees). That is to say, it’s scorching hot and starting to get uncomfortable. The latest major startup deal I’m hearing about is crypto exchange Kraken seeking about $500 million, at a $15 billion valuation, according to people familiar... The tech investment climate feels more like New York City (97 degrees) today than San Francisco...

Figma CEO Dylan Field. Photo via Flickr/TechCrunch

Figma’s IPO Looks to Be Set for Charmed Debut

By Martin Peers · Jul 28, 2025 5:00pm PDT

Sometimes good things happen to nice guys. I’m talking about Dylan Field, one of the more grounded founder-CEOs you’re likely to meet in tech. His design software firm, Figma, looks to be sailing toward a very strong public debut in the next week. Figma on Monday raised the preliminary pricing range for its IPO to between $30 and $32 a share—... Sometimes good things happen to nice guys. I’m talking about Dylan Field, one of the more...

Figma IPO Set to Be a Windfall for Silicon Valley’s Biggest Names

By Cory Weinberg and Natasha Mascarenhas · Jul 28, 2025 6:00am PDT · 1 comment

Figma IPO Set to Be a Windfall for Silicon Valley’s Biggest Names

By Cory Weinberg and Natasha Mascarenhas · Jul 28, 2025 6:00am PDT · 1 comment

Silicon Valley royalty are set to be the big winners from Figma’s initial public offering this week. Former Meta and Google executive Sheryl Sandberg, former LinkedIn CEO Jeff Weiner, and venture capital firms Greylock Partners and Kleiner Perkins are all turning modest investments into windfalls ranging from tens of millions to more than $1... Silicon Valley royalty are set to be the big winners from Figma’s initial public offering this...

Art by Clark Miller; Image via Getty.

LeBron’s AI Blunder, Tech’s Fortunate Bet on Trump

By Abram Brown · Jul 26, 2025 7:00am PDT

Welcome, Weekenders! In this newsletter:• The Big Read: Sports execs’ favorite pastime? Venture capital• The Top 5: The best new startup accelerators • Plus, our Recommendations: “Autocracy in America,” “I Regret Almost Everything” and “Star Trek: Strange New Worlds” LeBron James would like the internet to behave itself. Of course, it won’... Welcome, Weekenders! In this newsletter:• The Big Read: Sports execs’ favorite pastime? Venture...

Larry Ellison and David Ellison in 2013. Photo via Getty

Larry Ellison’s New Hollywood Drama Is About to Debut

By Martin Peers · Jul 25, 2025 4:00pm PDT

Oracle chair Larry Ellison's power in American business is about to expand. The Federal Communications Commission’s approval on Thursday of Ellison-backed Skydance’s takeover of film and TV icon Paramount Global cleared the last major hurdle standing in the way of the $8 billion deal. It’s expected to close on Aug. 7, when Larry Ellison’s son... Oracle chair Larry Ellison's power in American business is about to expand. The Federal...

Photo via Getty

The Enterprise Data War Hits OpenAI

By Stephanie Palazzolo · Jul 23, 2025 7:00am PDT

Slack is the glue that holds OpenAI together: Everyone at the 3,000-person company constantly uses the messaging app to discuss their work, former employees have said.So perhaps it’s no surprise that as OpenAI tried to turn ChatGPT into a core enterprise productivity app that connects to all the other apps people use for work, it wanted... Slack is the glue that holds OpenAI together: Everyone at the 3,000-person company constantly...

Box CEO Says AI Will Entrench Old-Guard Enterprise Apps, Not Hurt Them

Box CEO Says AI Will Entrench Old-Guard Enterprise Apps, Not Hurt Them

By Kevin McLaughlin and Aaron Holmes · Jul 22, 2025 10:49am PDT

Box CEO Says AI Will Entrench Old-Guard Enterprise Apps, Not Hurt Them

Box CEO Says AI Will Entrench Old-Guard Enterprise Apps, Not Hurt Them

By Kevin McLaughlin and Aaron Holmes · Jul 22, 2025 10:49am PDT

Salesforce, Figma and other enterprise app firms have responded to a potential threat from artificial intelligence startups by limiting the startups’ access to customer data or files, even if the customers themselves give permission. But Aaron Levie, CEO of file storage firm Box, which turns 20 this year, says his company has no intention... Salesforce, Figma and other enterprise app firms have responded to a potential threat from...

Photo via Getty

Microsoft’s Persistent Cybersecurity Sore

By Martin Peers · Jul 21, 2025 5:00pm PDT

Will Microsoft dock Satya Nadella’s pay again this year? The software giant faced the latest in a seemingly endless string of security breaches over the weekend, when it told customers that hackers were exploiting a flaw in its SharePoint file-sharing software. According to a statement by cybersecurity firm Palo Alto Networks, the fact that... Will Microsoft dock Satya Nadella’s pay again this year? The software giant faced the latest in a...