FIGMA'S DYLAN FIELD WILL CASH OUT ABOUT $60M IN IPO, WITH INDEX, KLEINER, GREYLOCK, SEQUOIA ALL SELLING, TOO
Figma's IPO is unusual in that existing shareholders will sell nearly twice as many shares as the company itself. Founder Dylan Field alone is set to cash out over $62 million while still retaining 74% voting control thanks to supervoting shares. Major investors like Sequoia and Greylock are also selling significant portions, signaling strong expected demand. If the offering prices above the $25–$28 range, it could become 2025's largest IPO to date.