Figma's top VCs are sitting on $24 billion worth of stock after massive IPO pop
1. Figma's IPO raised $1.2 billion and surged 250% on debut. 2. The company is now valued at $68 billion post-IPO. 3. Failed Adobe acquisition positioned Figma favorably against its competitors. 4. Four major VCs hold $24 billion of Figma's shares. 5. Current investor sentiment is notably optimistic, boosting the tech sector.