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Figma moves closer to a blockbuster IPO that could raise $1.5B

1. Figma moves closer to IPO with strong financial disclosure. 2. Could raise up to $1.5 billion, potentially matching CoreWeave's IPO. 3. Revenue rose 48% to $749 million in 2024, with 91% gross margin. 4. Figma acknowledges competitive risks from emerging AI design apps. 5. CEO Field controls 75% voting rights post-IPO.

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FAQ

Why Bullish?

Figma's solid revenue growth and potential IPO value may positively influence investor sentiment, drawing parallels to similar successful tech IPOs.

How important is it?

The article highlights Figma's financial growth and potential IPO, both critical for investor decisions.

Why Short Term?

The IPO announcement and impressive financials stimulate immediate market interest, but competition may hinder long-term sustainability.

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