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in Tech

After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation

by Editor May 17, 2024, 4:20 am 2k Views

After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation

Dylan Field, co-founder and CEO of Figma, speaks at the startup’s Config conference in San Francisco on May 10, 2022.

Figma

Figma, a cloud-based design tool company, said Thursday it will allow investors, including current and former employees, to sell their shares in a tender offer that values the company at $12.5 billion.

That’s up 25% from the valuation at which the company fundraised in 2021, but below the $20 billion acquisition offer Adobe…

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