A stunning figure celebrates Figma’s successful IPO: Lina Khan, former Chairman of the Federal Committee of Trade.
In a Friday afternoon Post in xHan was associated with an article Concerning the impressive first day of Figma’s transactions and argued that IPO is “a great reminder that leaving newly established businesses to grow into independent successful businesses, instead of being purchased by existing giants, can create enormous value”.
Han is referring to an agreement of $ 20 billion for Adobe to obtain the Figma that fell back in 2023. While Adobe reported the lack of “clear route” to the European Commission’s approval and the United Kingdom Competition and Competition Authority.
Khan was at that time, leading the organization to challenge the great technology on the fronts, including start-up acquisitions-to the point where companies tried to avoid this control with “inverse quar-hires”, who hired the basic team members and the authorized technology. (Practice seems to continue despite the departure of Han from FTC.)
While her aggressive attitude led to strong criticism from the corners of the technology industry, she defended her approach by saying that only a tiny percentage of the agreements took a “second look” and arguing that the founders would eventually benefit from “a world in which you have six or six or two or only one”.
And although Han – who was appointed by President Joe Biden – resigned at the beginning From the second Trump administration, its comments on Friday paint Figma iPo as a justification for its approach, calling the ipo “a victory for employees, investors, innovation and the public”.
Of course, Han’s critics are more likely to see Figma’s success to come than regulatory control, not because of it. For example, Wedbush Dan Ives security analyst said to Business Insider“Figma is a huge success, but it is due to the innovative development of the company and not because of the FTC and Kahn.”
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