I worry about Figma stock, I know some who bought during the IPO who are now underwater. Figma launched their own design agent but not sure how well that's doing.
Yeah you don't say. High of $124, currently $22. But hey: that's ~~gambling~~ stock trading for you.
That's pretty mean. I disagree with a lot of people on their investment choices and evangelism. That doesn't mean I want them to suffer for it.
What if they're choosing correctly? Like, I've been pretty consistently critical of crypto. Yet I'm glad my index funds have to buy Coinbase.
Curious why? Its chart is a nightmare – up and down like a yo-yo. Not something I'd want to have to depend on.
It's a shame because if they'd taken an iterative approach of automating various parts of a normal Figma workflow to speed things up for users, that would have helped them discover where the value was; lots of little ideas, failing fast, testing and updating.
Maybe they just got too big and lost their mojo.