I worry about Figma stock, I know some who bought during the IPO who are now underwater. Figma launched their own design agent but not sure how well that's doing.
Their efforts at AI have been really sad to see. They tried making an Everything Bagel and seem to have hit a wall, hard.
It's a shame because if they'd taken an iterative approach of automating various parts of a normal Figma workflow to speed things up for users, that would have helped them discover where the value was; lots of little ideas, failing fast, testing and updating.
Maybe they just got too big and lost their mojo.
> I know some who bought during the IPO who are now underwater
Yeah you don't say. High of $124, currently $22. But hey: that's ~~gambling~~ stock trading for you.
https://au.finance.yahoo.com/quote/FIG/