Figma's IPO price hit a $19.3B valuation out of the gate
1. Figma's IPO is highly anticipated and oversubscribed by 40 times. 2. Shares are priced at $33, above initial expectations of $30 to $32. 3. The IPO raised $1.2 billion, mainly for existing shareholders. 4. Figma is valued at $19.3 billion, close to Adobe's previous offer. 5. The IPO highlights strong market demand for Figma's design software.