Building a YC-backed vertical AI venture studio | Thiel Fellow | YC (W22) | Columbia Alum
Figma just IPO'd today → $33/share → $1.2B raised → ~$19.3B valuation It started in a dorm room with a wild idea: "What if design could be collaborative, like Google Docs?" Here's the 10-year journey in one scroll, 2012: Dylan Field received the Thiel Fellowship. Dropped out 2016: After building in stealth for 2-3 years, Figma goes public(beta), did not have the multiplayer feature added 2017: Paid plans went live 2020: Covid hit, remote teams exploded, Figma became the virtual whiteboard 2021: FigJam launched 2022: Adobe offered $20B. A massive exit on the table, but the internet hated it. Users feared Figma's speed, simplicity, and soul would be lost. Regulators stepped in. 18 months later, the deal was killed 2023: Dev Mode launched 2024: Figma AI dropped 2025: IPO day, from dorm room to wall street Takeaway? Launch your product before it's perfect. Build in public and let the community shape the product. That's how you go from beta link to billion-dollar bell ring.
What an amazing photo. Wow.
This feels even more amazing knowing that the stock more than tripled on its listing day.
Such a cool journey. Hard to believe it all started in a dorm room. Really like the build-in-public idea.
Then sell out to the devil. Lol
Truly inspiring ????
Launch your product before it’s perfect” should be every founder’s maxim...but more often than not, the chase for perfection wins (and you haven't got out of your dorm!)
Building a Clothing Brand for the Underdawgs | Founder @JUGRRNAUT's MIRACLE | Turning Raw Ideas into Real Impact
3 天前never knew their journey was this rough, but honestly they built simplicity with a jam packed experience, product detailing and everything a dev needed..... i actually used it design my carousels for my podcast (canva felt boring to me tbh)