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- Figma’s IPO 💸
Figma’s IPO 💸
expecting to raise $1 billion with this.
Welcome to SaaS Wire — your backstage pass to the hottest in software and services!
What we’ll cover today:
Opendoor’s stock goes 🚀 thanks to one hedge fund’s tweets
Microsoft cuts ties with China for Pentagon cloud support 🔐
What SaaS leaders are predicting for Q3 (spoiler: AI fatigue is real)
Source : Inc. Magazine
Figma, the design software company loved by designers, is preparing to go public. Investors and big names are watching closely.
🚨 Breaking News
Figma expects to raise $1 billion through its IPO and land a valuation as high as $16 billion.
⚡ Wire Simplified
Figma’s share price will be between $25-28.
Co-founder Dylan Field is selling shares worth $65M.
Revenue grew 39-41% this quarter, reaching ~$250M.
Big names like Instagram’s Mike Krieger joined the board.
Figma also flirted with crypto stock but isn’t launching it (yet).
✔️ Straight to the Point
Figma’s IPO looks strong with big growth numbers, but it’s still far from the $20B Adobe deal that collapsed.
🎨 Do you think Figma’s IPO will be a success? |
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Source : CNN
Nvidia’s CEO Jensen Huang is now considered more powerful than Apple’s Tim Cook in U.S.-China tech politics.
🚨 Breaking News
Huang just won U.S. approval to sell Nvidia’s AI chips to China again, a huge win for Nvidia.
⚡ Wire Simplified
Nvidia’s H20 AI chips are back on China’s shelves.
Huang met Trump, lobbied hard, and succeeded.
Nvidia is now America’s most valuable company, beating Apple.
Huang’s influence spans U.S., China, Middle East deals.
Tim Cook? Not so hot right now with Trump 2.0.
✔️ Straight to the Point
Nvidia’s chips rule AI, Huang rules tech diplomacy and Tim Cook’s era of quiet power looks officially over.
Here’s a 20k MRR idea you can steal:
An app that allows you to post to all your social media accounts at once
— Chris Hume (@chrishume_)
11:34 PM • Jul 20, 2025
“Silicon Valley is just a status game for most people.
Their goal isn’t to solve a problem they believe in.
Their goal is to tell their friends they raised $10M and got a TechCrunch headline.”
How fair do you think this is @typesfast@levie@zoink@RyanQualtrics 👇
— Harry Stebbings (@HarryStebbings)
10:13 PM • Jul 21, 2025
SaaS AI Summit 2025
A conference at the intersection of SaaS and AI, exploring how artificial intelligence is shaping the future of SaaS businesses.
Date: October 2025 | Location: London, UK
Big SaaS Europe 2025
An international SaaS event featuring keynotes from industry leaders, focusing on B2B SaaS solutions and innovations.
Date: November 2025 | Location: Amsterdam, Netherlands
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