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At Figma’s blockbuster IPO celebration on Wall Street, free pizza, branded swag, and house music gave the scene more of a block-party swagger than the feel of a stuffy bell-ringing ceremony.
On Thursday, outside the New York Stock Exchange, what seemed like hundreds of attendees came to fete the San Francisco design software maker, which raised $1.2 billion in its rousing IPO. Figma shares opened at more than triple their initial public offering price, which could light the fuse on a comeback in high-growth tech listings.
A couple of hours into the festivities, I walked the five minutes from Business Insider’s newsroom to the New York Stock Exchange and chatted with employees and investors, including Kleiner Perkins’ Mamoon Hamid. Here’s what I saw.
