Figma's Market Debut Could Value Design Giant At $16 Billion, Down From Adobe's $20 Billion Deal

The collaborative design software start-up Figma is eyeing a valuation of $13.6 billion on its market debut; however, experts predict that its valuation could stretch up to $16 billion including restricted stock units and options.

What Happened: The firm seeks to raise approximately $1.03 billion through its initial public offering, which could value it at $13.6 billion by selling nearly 37 million shares priced between $25 and $28 each.

This announcement comes as the company stated on its website on Monday that the proposed offering consists of 12,472,657 shares of Class A common stock being offered by Figma and 24,646,423 shares of Class A common stock being offered by certain of Figma's existing stockholders.

While this approximately comes up to 37 million shares, Bloomberg’s equities capital markets reporter Anthony Hughes said that “I think it’s interesting because once you add in restricted stock units and options, you know, equivalent of options, and they’re like, the evaluation will be a bit higher than, more like $16 billion, $16.5 billion.”

According ...