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Figma IPO could value design software maker at $16 billion

1. Figma plans IPO, selling about 37 million shares at $25 to $28 each. 2. IPO could value Figma between $14.6 billion and $16.4 billion. 3. Figma reported Q2 revenue growth of 39% to 41%, with increasing margins. 4. Company is pursuing blockchain token issuance but current plans remain undecided. 5. New board members include influential figures from Instagram and Duolingo.

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FAQ

Why Bullish?

Figma's strong revenue growth and IPO plans suggest healthy demand and market confidence. Historical IPOs with strong growth potential, like Snowflake, have seen significant initial price increases.

How important is it?

The strong IPO valuation and growth figures may drive investor interest and stock price momentum.

Why Short Term?

The market will likely react quickly to Figma's IPO announcement in the near term, similar to other tech IPOs.

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