Dylan Field, founder of 33 -year -old Vegma, is a former LinkedIn trainee who launched $ 68 billion, Wall Street Darling, with $ 100,000 from Peter Thil

Figma stock Rise 250 % on its appearance for the first time, which makes it Elderly Pop on the first day to obtain a billion dollar technical subscriptions and strengthen its status as a Belwether for the technology subscription market. The demand was so severe that many other investors received only a handful of shares, while trading was temporarily stopped due to volatility.

Upon closing 115.50 dollars, the public subscription evaluated the Figma evaluation immediately to nearly $ 68 billion – more than the 20 billion dollar Triple Adobe offer for the company only two years ago.

The company, which is worth billions of dollars, however, I started with an idea He is considering the field and founder Ivan Wallace, who was an education assistant built at the time. The duo explored the capabilities of new browser technologies and began to put a mental storm to give the democratic character to the creative design through programs. But not until 2012, when Field got a prestigious Thiel fellow, a $ 100,000 grant for young project owners ready to leave the college that is and Wallace DovE Headfirm in what became Figma, the common design tool based on the web used in the user interface and the design of the user experience.

Field was now 33, always a high organizer, especially with technology. At the age of three, he is Teach To use his family’s computer, his interest in robots began early in childhood. In the early 1990s, the field I also worked As a child representative, a heroism in many commercials, including the media for Windows XP. But in the end, his academic successes at the Rhod Island Ivy School for League and many competitive technology training fell.

The Penngrove, California, citizen of the contract Many part time vehicles While studying in Brown, including nine months as a researcher in MicrosoftTraining data analyzes for a period of four months in LinkedInAnd two training in the Aggregation Flipboard software – for the first time as a software engineering trainee and then trainee in product design. His second case from Flipboard was part of the Kleiner Perkins Fellows program, a very competitive program that puts students chosen with companies in the Kleiner Perkins portfolio.

Through its functions through LinkedIn and Flipboard, the field got seed investments for its projects in entrepreneurship and eventually pushing himself to Billionaire By 33 years. The LinkedIn Peter Skomoch Director and Danny Rimer, the general partner of the Index Ventures who realized the potentials of Field during the Flipboard, the young founder in financing his start.

“Here was this 19-year-old, who had a lot of clarity about what he wanted to do-the world’s design addiction, and to provide tools for all,” Rimer. He said luck In 2023. “This ambition was to leave the university to pursue this crazy idea, as it is clear that he will not be able to reach a product for more than two years. In the fast breakfast world, there were two people (”

Among the other investors are Figma Phoenix Court and Greylink Partners.

Project index at the end He performed a Figma seed seed tour of 2013 With an investment of $ 1.7 million. In the next 12 years, the fund was said to have invested $ 86.5 million in the company.

Just as it predicted, it took Field and Wallace until September 2016 to publicly launch the product, after years of careful planning to create the so -called Google Documents for graphic designers. By 2018, the company value was 115 million dollars, a number that rose during the epidemic. In June 2021, Figma’s evaluation was $ 10 billion. In the same year, he left the company.

In September 2022, Adobe announced plans to get Figma for $ 20 billion, a deal that would make the field – then only 30 years – a billionaire several times. But organizational road barriers Kill the deal In 2023, as part of the cancellation, Adobe Figma paid a billion dollar disintegration fees.

Figma and the field SoldiersDespite the failed acquisition. The company’s revenue was 2024 $ 749 million, an increase of 48 % over 2023. In the first quarter of 2025, revenues grew by 46 % on an annual basis. At Figma, as of early 2025, 13 million are active users per month, 95 % of Fortune 500 are used by the program.

Now, where Figma closes the first and amazing chapter as a public company, the field does not show any sign of slowdown. “We know this is just a beginning,” “Field books In a statement after the opening bell ringing. “This is a vision that will be released over many decades and I think the most innovative Figma days in the future.”

Figma A refusal a luck Request to comment.