Figma wouldn't be a 20B buyout without WASM, you're coping hard right now
And Figma could be a 20B buyout without WASM. I don't see any relevancy about valuation and a specific tech choice. Figma's editor is a very good use case for WASM -especially since they have the right people in the team- but there are other ways to achieve the same thing (even just by using JS).