Figma, the design software startup co-founded and led by CEO Dylan Field, recently went public in an IPO described as one of the wildest in recent memory. Despite regulatory challenges, Field has become a multi-billionaire, with Wall Street validating the company's value. Field has emphasized the broader rise of design as a key narrative behind Figma's success and discussed how artificial intelligence will transform the design industry, highlighting craft and attention to detail as critical differentiators. Separately, Figs, a direct-to-consumer medical apparel company founded by Indian immigrants Gurmer and Dashmeet Chopra, has demonstrated strong growth, achieving $176 million in sales and surpassing a $1 billion market capitalization. The company declined a $1 billion buyout offer from Story3 Capital in December and continues to expand, with plans to open its first physical store. Figs sells fitness-inspired streetwear that frequently sells out online every two weeks.
I was interviewed recently by @marcelloascani about Figma, its history, and all the ups and downs leading us to where we are today. (how we thought about PLG, different phases of company growth, how to build community, and more) Thanks for the great conversation! https://t.co/32Hlk2W9Dr
Dylan Field took Figma public in one of the wildest IPOs in recent memory. He insists the real story is the rise of design itself. https://t.co/wzNCJlVcsi
The $FIGS bull thesis is RH investors think they are buying $FIG and pick the wrong ticker