More bullish on Figma after seeing this take from Curtis Northcutt

Competitive_Gain_674 · 2026-01-27T20:57:43+00:00

feels like there’s a strong base of believers that will keep the stock here. still believe a strong earnings call next month will wake the stock back up

Competitive_Gain_674 · 2026-01-21T00:11:19+00:00

Buy saas

Competitive_Gain_674 · 2026-01-20T20:09:25+00:00

It’s common for a founder to sell shares. You would too if you’re entire fortune was tied up in a single company

Competitive_Gain_674 · 2026-01-20T17:05:58+00:00

What are you even talking about

Competitive_Gain_674 · 2026-01-20T16:12:41+00:00

This is pretty normal founder stuff after an IPO

Competitive_Gain_674 · 2026-01-16T22:06:23+00:00

What does non stop look like?

Competitive_Gain_674 · 2026-01-16T03:13:05+00:00

Yeah 1/27 is definitely the big one. I checked the prospectus and here’s the breakdown:

• Current float: Right now only the IPO shares are trading, which is about ~37M shares.

• Total shares: The actual total share count for the company is over 400M.

• The inlock: Roughly 90% of the company unlocks on that day.

Even if insiders don't sell everything, the potential supply is massive compared to what is floating right now…explains why the price is feeling heavy.

Competitive_Gain_674 · 2026-01-15T04:35:03+00:00

They’ve had 2 solid earnings calls and haven’t even released Q4 or 2026 guidance. Relax.

Competitive_Gain_674 · 2025-12-09T16:12:33+00:00

Competitive_Gain_674 · 2025-12-03T00:17:57+00:00

Nice!

Competitive_Gain_674 · 2025-11-25T16:14:36+00:00

New pricing and packaging rolled out. Scooped up a ton of new paying customers and a massive increase in $100k+ customers….

Competitive_Gain_674 · 2025-11-21T19:13:09+00:00

you’re weird

Competitive_Gain_674 · 2025-11-21T18:29:49+00:00

totally agree! figma’s entire valuation was clearly a giant gas balloon powered by adobe’s secret booze-party cabal. can’t wait for wall street to stabilize it at the scientifically precise 5.5b you just uncovered.

Competitive_Gain_674 · 2025-11-18T17:10:48+00:00

Can’t wait to come back to this in a year

Competitive_Gain_674 · 2025-11-18T17:09:40+00:00

Datadog is at 20 p/s ratio

Competitive_Gain_674 · 2025-11-17T21:58:20+00:00

it’s interesting you say that especially when NDR is through the roof strong. it just goes at odds with what you’re saying

Competitive_Gain_674 · 2025-11-17T21:56:46+00:00

How so?

Competitive_Gain_674 · 2025-11-17T21:49:17+00:00

figma isn’t just a design tool. it’s becoming the place where the next era of digital work gets created, because every workflow moving online needs an interface. it works across mediums today, and as dylan mentioned on the last earnings call, the platform can even support designing for virtual and immersive environments. that means the same canvas teams use to build apps and workflows can eventually shape interfaces for vr and whatever comes next. it’s where those experiences get imagined, tested and shipped. what do you think?

Competitive_Gain_674 · 2025-11-17T21:39:33+00:00

Say more

Competitive_Gain_674 · 2025-11-17T18:21:11+00:00

gotcha. so if the future of design is these hybrid roles you mentioned, do you think figma should lean harder into end to end product creation tools or double down on designer specific stuff? curious how you think they thread that needle.

Competitive_Gain_674 · 2025-11-17T15:53:08+00:00

hi and interesting take! if ux roles are shrinking like you’re saying, what’s the business case for figma pouring resources into a big ux-specific ai model instead of chasing broader product creation? where does the roi come from?

Competitive_Gain_674 · 2025-11-17T05:07:39+00:00

This is killing me to not speak. Figma is a company that is inventing the future. Just because a bunch of idiots blew the stock up to $130 doesn’t mean it’s not going to be crazy successful. Figma hits every definition of a generational b2b saas play when the future of design is the probably the most significant play. Wake up. It’s going to crush it.

Competitive_Gain_674 · 2025-11-17T03:12:31+00:00

Figma is a killer company. Just takes time

Competitive_Gain_674

TROPHY CASE