Figma Company News & Analysis — The Information

Recent Articles about Figma

Dylan Field, CEO of Figma. Photo via Getty

Figma’s IPO May Be Hot, but Its Outlook Is Murky

By Anita Ramaswamy · Jul 21, 2025 6:00am PDT · 1 comment

After two blockbuster tech initial public offerings, investors are positively drooling over Figma’s upcoming listing. The design software company is expected to launch into a surprisingly hot market for tech offerings led by CoreWeave and Circle, which are up more than 200% and 600%, respectively, since they started trading. Figma boasts... After two blockbuster tech initial public offerings, investors are positively drooling over Figma...

Photo via Getty

AWS’ Free Agent Targets Microsoft Customers

By Aaron Holmes and Kevin McLaughlin · Jul 17, 2025 10:00am PDT

As Microsoft and Amazon Web Services have dueled over cloud customers in the past decade, one of Microsoft’s biggest advantages has been its base of corporate customers that run Windows software on their local servers and want to move it to the cloud. AWS has complained about this dynamic for years, saying the Windows licenses effectively... As Microsoft and Amazon Web Services have dueled over cloud customers in the past decade, one of...

Art by Clark Miller

A Tech Bro Gets Flooded By Hate

By Abram Brown · Jul 12, 2025 7:00am PDT · 3 comments

Welcome, Weekenders! In this newsletter:• The Big Read: How Dylan Field thrived after the Adobe deal died• Artificial Intelligence: Silicon Valley’s summer obsession? AI note taking • Plus, our Recommendations: A true crime podcast about a ninth life; the Roosevelts and the panda bear; and revisiting a cruise from hellAugustus Doricko has... Welcome, Weekenders! In this newsletter:• The Big Read: How Dylan Field thrived after the Adobe...

Meta's Menlo Park, Calif. campus. Photo via Getty

Where AI Researchers Will Be Happy

By Martin Peers · Jul 11, 2025 3:00pm PDT

Meta's Menlo Park, Calif. campus. Photo via Getty

Where AI Researchers Will Be Happy

By Martin Peers · Jul 11, 2025 3:00pm PDT

We got big news this afternoon in the AI world, as we learned that OpenAI’s talks to buy Windsurf, maker of the popular Codeium AI coding assistant, have ended—and Google has hired Windsurf’s CEO and some staff. For more on this drama, see our story here. Lots of questions remain unanswered, including what these developments mean for... We got big news this afternoon in the AI world, as we learned that OpenAI’s talks to buy...

Art by Clark Miller (photo: Getty Images)

With Figma IPO, Dylan Field Bounces Back From Adobe Fiasco

By Cory Weinberg · Jul 11, 2025 9:38am PDT · 3 comments

The main Department of Justice building, across from the National Archives in Washington, was the kind of brooding edifice Dylan Field had walked through a lot in 2023 as he tried to convince governments around the world to let him sell Figma, the design software startup that had been his life, to Adobe for $20 billion. He made a final attempt... The main Department of Justice building, across from the National Archives in Washington, was the...

The Information Deep Research

Pro Weekly: Anthropic's Revenue Surge; Digging Into xAI

By The Information Staff · Jul 11, 2025 8:46am PDT

Welcome to the latest edition of our Pro newsletter. As you know, we recently launched Deep Research, our dedicated dive into the trends and data shaping the tech landscape.This week, Elon Musk’s xAI dominated headlines, with Linda Yaccarino stepping down as CEO of X, the company’s Grok chatbot coming under fire and xAI unveiling its latest... Welcome to the latest edition of our Pro newsletter. As you know, we recently launched Deep...

Figma CEO Dylan Field

Figma Enters Corporate Data Wars; Cursor’s Apology

By Kevin McLaughlin · Jul 8, 2025 11:20am PDT

The data-access battle between software incumbents and younger AI startups that could pose a threat to them continues to expand.In the latest front, Figma, which makes tools for software designers and developers, recently began limiting outside firms’ access to Figma customer projects, according to the CEO of an enterprise search startup that... The data-access battle between software incumbents and younger AI startups that could pose a...

Art via Clark Miller

The Seven Kinds of AI Agents

By Aaron Holmes · Jul 7, 2025 10:00am PDT · 4 comments

Art via Clark Miller

The Seven Kinds of AI Agents

By Aaron Holmes · Jul 7, 2025 10:00am PDT · 4 comments

The term “agent” or “agentic” has become so ubiquitous in the business world that it can now seem to mean everything or nothing at all. In its simplest form, an agent is artificial intelligence that handles multistep tasks without requiring a human to steer it the whole time. In other words, an agent goes beyond what the basic version of ChatGPT... The term “agent” or “agentic” has become so ubiquitous in the business world that it can now seem...

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Warner Bros Discovery’s Bleak Prospects Underlined by Big Investor’s Sale

By Martin Peers · Jul 1, 2025 5:00pm PDT

And now for something completely different. In a break from artificial intelligence recruiting dramas, we’re looking today at the ancient world of television, through the prism of Warner Bros. Discovery. The Newhouse family, WBD’s second-biggest shareholder, revealed in a securities filing on Tuesday that it had sold half its stake in the... And now for something completely different. In a break from artificial intelligence recruiting...

Melanie Perkins, CEO and co-founder of Canva.

Canva, Generating Significant Cash, Discusses Share Offer at $37 Billion Valuation

By Sri Muppidi and Natasha Mascarenhas · Jun 20, 2025 3:30pm PDT

Canva is about to buy itself a little more time before a long-anticipated initial public offering. The Australian maker of design software is in talks to arrange a sale of shares held by current and former employees that would value the company at $37 billion, according to two people with knowledge of the fundraise. That’s just shy of its peak... Canva is about to buy itself a little more time before a long-anticipated initial public...

Photo Bloomberg via Getty Images

In IPO Market, FOMO Replaces Fear

By Cory Weinberg · Jun 12, 2025 5:00pm PDT

Did you hear that pop? Tech initial public offerings are getting loud, a little silly, and highly profitable for investors again. Banking app Chime’s share price jumped 37% above its IPO price Thursday, its first day of trading on Nasdaq, lifting its market cap past $15 billion. It’s the latest in a string of price pops that are helping to... Did you hear that pop? Tech initial public offerings are getting loud, a little silly, and highly...

Navan CEO Ariel Cohen. Photo via AP.

Travel Software Startup Navan to File This Month for Fall IPO

By Cory Weinberg · Jun 12, 2025 12:05pm PDT

Navan CEO Ariel Cohen. Photo via AP.

Travel Software Startup Navan to File This Month for Fall IPO

By Cory Weinberg · Jun 12, 2025 12:05pm PDT

Navan, a corporate travel software startup, is planning to file confidentially for an initial public offering as early as next week, two people familiar with the matter said, a further sign of a rebound in public listings for venture-backed startups. The company, backed by Zeev Ventures, Lightspeed Venture Partners and Andreessen Horowitz, is... Navan, a corporate travel software startup, is planning to file confidentially for an initial...

Mike Cessario, founder and CEO of Liquid Death, on stage at an event. Photo by Getty.

The Takeover Targets Emerging Out of IPO Dead Ends

By Akash Pasricha · Jun 2, 2025 1:02pm PDT

This year has seen trickles of tech initial public offering activity, but there’s still a sizable list of IPO hopefuls whose public market ambitions have stalled. Bankers say that dynamic is encouraging more private companies to try to find a buyer instead. To that end, we updated our Tech IPO Tracker to highlight the likeliest takeover targets... This year has seen trickles of tech initial public offering activity, but there’s still a sizable...

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Every VC-Backed IPO in the Past 12 Months Has Been a Down Round

By Cory Weinberg · May 30, 2025 6:00am PDT · 5 comments

When banking app Chime goes public next month, it will mark the eighth straight venture capital–backed initial public offering in the past 12 months to be valued less than it was in private fundraising rounds. Chime, for instance, was valued at $25 billion in 2021, but its bankers have been discussing pricing its shares at roughly an $11... When banking app Chime goes public next month, it will mark the eighth straight venture...

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The Downsides of Vibe Coding

By Jon Victor · May 29, 2025 10:00am PDT · 1 comment

Some businesses are waking up to the downsides of automated coding products. While most customers cite huge gains in developer productivity from tools like GitHub Copilot, Cursor, or Anthropic’s Claude, the code they generate sometimes doesn’t work as expected—or worse, it can make a business vulnerable to hacking or a data leak.The risks can be... Some businesses are waking up to the downsides of automated coding products. While most customers...

Art by Clark Miller. Portraits courtesy of TBPN.

How the ‘Technology Brothers’ Seized Silicon Valley

By Abram Brown · May 23, 2025 9:02am PDT · 4 comments

Art by Clark Miller. Portraits courtesy of TBPN.

How the ‘Technology Brothers’ Seized Silicon Valley

By Abram Brown · May 23, 2025 9:02am PDT · 4 comments

In recent months, John Coogan and Jordi Hays, co-hosts of “TBPN,” a daily tech news talk show that has captured the attention of Silicon Valley’s investors and founders, have followed the same morning routine. The two men meet in downtown Los Angeles at the members-only Jonathan Club to work out, then sauna together while reading print... In recent months, John Coogan and Jordi Hays, co-hosts of “TBPN,” a daily tech news talk...

Startup Employee Stock Sales Set to Surge With IPOs Uncertain

By Natasha Mascarenhas · May 22, 2025 6:00am PDT · 1 comment

Last year, startup employees and early investors sold billions of their shares to other investors in private transactions—more than the amount raised by tech public offerings. With the public markets choppy, keeping initial public offerings at a minimum, that dynamic is expected to repeat this year. Defense startup Anduril, which arranged... Last year, startup employees and early investors sold billions of their shares to other investors...

Screenshot of Andy Chen, left, via YouTube. Photo of Mercedes Bent via Getty

Why Andreessen, Lightspeed and Coatue Partners Are Leaving

By Natasha Mascarenhas · May 15, 2025 3:21pm PDT

After tech stocks crashed three years ago, the correction in private startup valuations led to a wave of partners leaving their venture firms. Over the past year, a new exodus has emerged as investors depart with plans to set up their own funds. Six early-stage partners from Andreessen Horowitz, Coatue Management, Founders Fund, Lightspeed... After tech stocks crashed three years ago, the correction in private startup valuations led to a...