How companies like Figma compound unexpectedly
SEPTEMBER 20, 2022
I built a model with Figma becoming a $19B company in 2025. I was forecasting for a 2025 IPO. ” I had dramatically overestimated their revenue growth, showing them get to almost $1B ARR in 2025. IPO in 2025. In 2018 Figma did $4M of ARR. Soon after I had a VC job interview where I did a Figma case study.
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