Topic: figma ipo
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Lina Khan Cites Figma IPO as Proof M&A Scrutiny Works
Former FTC Chair Lina Khan views Figma's IPO as validation for her tough stance on tech mergers, arguing it shows startups can thrive independently rather than being acquired by giants. Khan cited Adobe's failed $20B acquisition of Figma in 2023, blocked by regulators over competition concerns, a...
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Figma Nears $1.5B IPO in Blockbuster Deal
Figma's IPO could raise $1.5 billion, showcasing strong revenue growth (48% in 2024) and robust 91% gross margins, despite past profitability volatility. The company has negligible debt and solid financial health, but questions remain about share sales by executives or venture backers like Sequoi...
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Lovable's CEO Unfazed by Vibe-Coding Rivals
Lovable is a Swedish AI-driven platform that enables users without technical skills to build apps and websites, achieving rapid growth with 2.3 million active users and $100 million in annual recurring revenue. The company, valued at $1.8 billion, aims to evolve into a full-stack environment for ...
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Klarna's $1.4B IPO Soars, Sequoia Reaps Biggest Rewards
Klarna successfully launched its IPO on the New York Stock Exchange, raising $1.4 billion and achieving a market valuation of $15 billion with strong initial trading performance. The majority of shares sold came from existing investors like Sequoia Capital and BlackRock, who partially cashed out ...
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