Will Griffith shares how Iconiq Capital invested early in Figma and celebrated its $47B IPO milestone.
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How Iconiq Capital Backed Figma's IPO Success How Iconiq Capital Figma IPO Story Began Most people searching for Iconiq Capital Figma IPO want to know how the investment unfolded and what made this IPO such a big win for early backers. The journey dates back to 2013 when Will Griffith, just two months into his role at Iconiq Capital, was introduced to a young Dylan Field—then a 19-year-old college dropout with a big idea. That idea would eventually become Figma, the browser-based design tool now valued at $47 billion. Back then, few could have predicted how transformative this startup would become—not just for design, but for the venture capital world, too. For Iconiq Capital, this wasn’t just an investment. It was a bet on the future of cloud-native, collaborative design software. Image Credits:Iconiq Capital When Griffith first met Field and co-founder Evan Wallace, Figma was still in its infancy—just two ambitious founders and a dog in a Palo Alto apartment. They were building design capabilities inside the browser using emerging…
