Figma Crashes 75% From Peak — The “Broken IPO” or the Ultimate Software Steal?
Figma's stock has fallen 75% from its IPO high, yet the company boasts a $1 billion annual revenue run rate with 38% growth. This episode of Implied examines whether the 75% drop indicates a 'broken IPO' or a 'software steal,' considering its acquisition of Weavy and a 131% net…