As Figma went public this week to much fanfare—and an almost instantaneous 250% stock pop—quite a few folks from Silicon Valley made money. But the biggest winner in terms of immediate IPO proceeds is not any of the marquee Silicon Valley venture capital firms such as Index Ventures, Greylock, and Kleiner Perkins, who sold only small slivers of their stakes …
Read More »Figma IPO’s surprise winner is a charity with 13 million shares—and a famous backstory that sparked a bitter feud over a donor’s oil fortune
