Figma Shareholders to Sell Up to $900 Million of Stock at Deep Discount to Adobe Price
Figma employees and early shareholders collectively will be able to sell as much as $900 million of their shares after lining up commitments from nearly two dozen new and existing backers that valued the design collaboration startup at $12.5 billion. The price represents a nearly 38% decline from Adobe’s proposed plan to buy the company for $20 billion, but should soften the blow for staff who had hoped to cash out their shares before the deal collapsed six months ago.New investors Thrive Capita...
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