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Lina Khan Points to Figma IPO as Vindication of M&A Scrutiny
UNITED STATES, JUL 31 – Figma's IPO closed 250% above its $33 offering price, valuing the company near $68 billion after Adobe's $20 billion acquisition fell through due to regulatory concerns.
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6 Articles
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Lina Khan points to Figma IPO as vindication of M&A scrutiny
A surprising figure is celebrating Figma’s successful IPO: Lina Khan, former chair of the Federal Trade Commission, who said the offering demonstrates the value of "letting startups grow into independently successful businesses."
·United States
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What’s under the ‘FIG’ leaf? The naked truth about the Figma IPO and the market's appetite for tech
When I wrote about that big, gnarly breakup between Adobe and Figma in December of 2023, I was bullish on the prospects of the latter up-and-coming collaborative design platform. At the time, I observed that it was the best possible outcome for the fledgling player and cited a bevy of reasons why. Sure, they missed out on a $20 billion payday. Th...
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Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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