Figma makes software for designing things. On Tuesday, they said they have started the process to sell shares to the public. We will learn more when the papers are public. This might happen in about a month if everything goes well.

But because the stock market is very uncertain due to Trump's trade rules, trying to sell shares now is strange, even just to think about it. Two big tech companies, Klarna and StubHub, that were planning to sell shares, stopped their plans in April. This happened after the stock market went down because of the new rules. They have not made new plans yet.

Figma plans to sell shares, but it might take longer than usual. It often takes about four to six weeks after they accept the first important documents.

Figma makes computer programs for designers. In May 2024, the company was worth $12.5 billion. This was because some people who owned parts of the company could sell some of their parts. Another company, Adobe, wanted to buy Figma for $20 billion, but they did not buy it in 2023. This did not happen because governments in Europe and the United States had problems with the plan.

Big companies like Sequoia Capital and others give money to the company. Some of these companies have people who are part of the board that makes decisions.

Figma stated that they had no additional comments to make.