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Figma, software unicorn, confidentially files for an IPO despite Wall Street turbulence

Figma, the design software unicorn, has confidentially filed for an initial public offering more than a year after a $20 billion acquisition bid by Adobe fell apart due to antitrust concerns.   The filing signals some optimism for public debuts despite the current market turmoil set off by President Trump’s push to implement tariffs. The uncertainty … Read more

Figma sent a cease-and-desist letter to Lovable over the term ‘Dev Mode’

We may be witnessing the makings of a new tech industry feud between competitors. Figma has sent a cease-and-desist letter to popular no-code AI startup Lovable, Figma confirmed to TechCrunch.  The letter tells Lovable to stop using the term “Dev Mode” for a new product feature. Figma, which also has a feature called Dev Mode, … Read more

Figma ignores the fear, files paperwork for an IPO

Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won’t know more until that paperwork becomes public, which, best-case scenario would be in about a month. However, with the stock market in groundhog mode — seeing its shadow with every new gyration of the Trump administration’s trade policies … Read more

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