Figma is going public, and the CEO was a fellow at Peter Thiel's foundation

1. Figma shares may open over triple their IPO price, indicating strong demand. 2. The IPO could value Figma at nearly $59 billion, far exceeding its past $20 billion deal. 3. Figma's CEO Dylan Field has a history of entrepreneurial support and leadership. 4. Intense competition and AI adoption in design software could affect Figma's market position. 5. Figma's strong customer base includes notable firms like Netflix and Airbnb.