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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

The Marin Community Foundation netted $440 million as the IPO's largest selling shareholder. The philanthropic organization is itself the product of a previous generation of big business—and a famous legal fight for control of the money.

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giovedì 31 luglio 2025·cnbc.com
Figma prices IPO at $33, above expected range
Software developer Figma is poised to debut on the New York Stock Exchange on Thursday, becoming the latest high-profile tech company to go public.
giovedì 31 luglio 2025·techcrunch.com
Figma's IPO price hit a $19.3B valuation out of the gate | TechCrunch
In what should be a surprise to no one, Figma priced its IPO shares above its already-increased previously announced range.

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

Figma prices IPO at $33, above expected range

Figma's IPO price hit a $19.3B valuation out of the gate | TechCrunch

Figma more than triples in NYSE debut after selling shares at $33

Figma IPO raises its market share to $19.3B - UPI.com

Figma's top VCs are sitting on $24 billion worth of stock after massive IPO pop

Figma IPO surge 'can't be the new norm' on Wall Street, Jim Cramer says

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

Figma’s IPO was fine, actually

Figma's stock sinks more than 20% after last week's IPO pop

Figma’s CEO is now worth $5 billion after IPO—like Mark Zuckerberg, he dropped out of college to build a tech empire instead of sitting in…