Figma more than triples in NYSE debut after selling shares at $33 | Hacker News Reader

Figma more than triples in NYSE debut after selling shares at $33

cnbc.com

12 pointsmfiguiere12 comments

Strategic move on a bull market. With the return of meme stocks [1] and crypto [2], expect more SPAC style IPOs next, we are in the AI speculative period, brace for a crash in 2-5yrs [3].

[1] https://news.ycombinator.com/item?id=44662427

[2] https://www.tradingview.com/news/invezz:91bb28859094b:0-here...

[3] https://news.ycombinator.com/item?id=44741151

[4] https://www.bloomberg.com/news/articles/2025-07-30/arm-backe...

[5] https://news.ycombinator.com/item?id=44848533

This is considered 'bad' for Figma because they left money on the table

Yeah they left a lot of money on the table if it tripled. Its like selling your house for 1/3 of its value

Yes and No! They didn’t sell of the company.

Well they did sell a portion of It that’s essentially what stocks are supposed to be.

I made a grammar mistake. Sorry. I meant to say they didn’t sell the entire company.

plus the six month lockup period starts now.

Figma employees gotta hope that end of 2026 January sees the stock price at a similar level or higher, or at least high enough to make a profit.

I'd buy some Put options if I was a Figma employee. Buy them out-of-the-money enough that the premiums are relatively inexpensive.

As of right now, it's trading at $138/share, though options aren't available yet, at least on RH. But I'd probably buy a $100 Put option expiring in January. I'd expect that's enough out of the money to balance the premiums versus risk.

I can't speak to their specific policies, but employees are often prohibited from trading in derivatives on company stock (and are regardless subject to open trading windows, which sometimes do not open until after the lockup has expired)

Plus although the finances might balance out, it takes extra care to ensure taxation isn't unbalanced (or other risks).

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