Why the Figma IPO turned into a $440 million windfall for a nonprofit
1. Figma's IPO generated $440 million for the Marin Community Foundation. 2. MCF sold shares worth $33 each, totaling significant proceeds. 3. FIG stock tripled on its first trading day, indicating strong market demand. 4. Dylan Field, Figma's CEO, has seen substantial personal wealth growth. 5. MCF plans to use proceeds for donor-advised funds.