Figma files for an IPO. What investors should know about the Adobe design rival. - MarketWatch
1. Adobe's attempted acquisition of Figma for $20 billion failed due to regulatory concerns. 2. Figma is pursuing an IPO, recently valued at $12.5 billion. 3. Adobe shares have dropped over 30% since the merger collapsed. 4. Figma reported $749 million in revenue, showing strong growth despite losses. 5. AI spending could hinder efficiency for Figma in the short term.