Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Figma files for proposed IPO

figma.com

Post reply on HN
Print view View original

101–110 of 255 posts

Re: Figma files for proposed IPO

#101

Post by zenonu »

Panzer04 wrote: post #89
mattmaroon wrote: post #39

Earlier quoted context omitted.

That generally makes me more inclined to invest as I find that the biggest problem with a lot of public companies is they manage to Wall Street which means putting the short term over the long term, and those are often at odds with each other.

There are a whole lot of companies that are run to benefit their management and not their shareholders. At best, they might be making no money but keeping a bunch of people in work. There's a good reason public shareholders historically demanded accountability - maybe it's fine for now, but all it takes is some management that you can't kick out, paying themselves extortionate salaries and driving the company into th…

The alternative is enshittification of the entire product lineup to include ads, exorbitant subscription prices, reduced functionality along a painful price gradient, morphing into a dopamine social product, or a goal to rent real-life assets for to an increasingly impoverished population. Pee in your piss bottle while delivering that Amazon package until we can figure out how to automate your job away too. The shareholders demand it!

Re: Figma files for proposed IPO

#102

Post by Mtinie »

hiphipjorge wrote: post #60
btown wrote: post #10

They don't link to the Form S-1 prospectus from their announcement, but it's publicly available at https://www.sec.gov/Archives/edgar/data/1579878/000162828025... Their highlighted metrics page: $821M LTM revenue, 46% YoY revenue growth, 18% non-GAAP operating margin, 91% gross margin. It's an incredible success story, and the engineering they did upfront (primarily led by co-founder Evan Wallace) that set the stage…

As a former figma engineer, let me be the first to say that Evan Wallace is, in fact, a legend. A true 100x-er. There's still parts of the codebase basically no one at Figma really understands that Evan wrote back in the day. One example of that is something like he adapted a shader we use internally to render font glyphs, which no one has touched ever since. The engineer who told me this had spent a few days trying…

That it works is testimony to the intelligence put towards the code. That no one else can grep it tells me it was solved in a manner which was suboptimal.

I cannot believe Figma hired engineers who could not follow along already-tread footsteps. That’s a nonsensical assertion. Novel code may be inscrutable but the problem-solving and techniques should have been clear and repeatable by those who follow, even if they require adaptation.

Re: Figma files for proposed IPO

#103

Post by cluckindan »

chrisweekly wrote: post #100
cluckindan wrote: post #28

Earlier quoted context omitted.

This, so much this. I’ve been thinking about a box-first approach to design tooling. The overall layout workflow would consist only of adding boxes (block-level elements) to a blank web page, or inside other boxes. Boxes could also contain other elements like inputs, buttons, images, etc.

See https://every-layout.dev for a mind-blowingly well-thought-out approach to CSS that builds from first principles and leverages sane primitives and a typographic scale to compose dynamic layouts... it's boxes, and it's beautiful.

Now if it only was a design tool like Figma.

Re: Figma files for proposed IPO

#104

Post by cluckindan »

skeeter2020 wrote: post #69
cluckindan wrote: post #28

Earlier quoted context omitted.

This, so much this. I’ve been thinking about a box-first approach to design tooling. The overall layout workflow would consist only of adding boxes (block-level elements) to a blank web page, or inside other boxes. Boxes could also contain other elements like inputs, buttons, images, etc.

Don't quite follow you, but if you're talking about a box-based layout for the web, that's a little overly simplistic as "the" layout, but is already possible. Keep in mind the historical underpinings; web documents were always more like scrolls than screens.

Not a layout, but a design tool like Figma, leveraging the default flow of elements.

Re: Figma files for proposed IPO

#105

Post by rco8786 »

skeeter2020 wrote: post #72
rco8786 wrote: post #61

Congrats to the team here. Let it be a lesson for anyone worried that “their idea has been taken” or “there already solutions for this” out there.

this downplays what they've actually built. Their technology is first-mover and incredibly impressive in the enterprise app space, and they've built a big business around it.

That was certainly not my intention. Nothing but respect for what they’ve built. Only pointing out that they entered a crowded space that already had “winners” in it, and succeeded.

Re: Figma files for proposed IPO

#106

Post by eviks »

btown wrote: post #10

They don't link to the Form S-1 prospectus from their announcement, but it's publicly available at https://www.sec.gov/Archives/edgar/data/1579878/000162828025... Their highlighted metrics page: $821M LTM revenue, 46% YoY revenue growth, 18% non-GAAP operating margin, 91% gross margin. It's an incredible success story, and the engineering they did upfront (primarily led by co-founder Evan Wallace) that set the stage…

> team eventually settled on ... React

How the legends have fallen

Re: Figma files for proposed IPO

#107

Post by notpushkin »

stevage wrote: post #83
zdragnar wrote: post #76

Earlier quoted context omitted.

I've been fighting the way figma interprets fonts for years. It's not too bad at my current company, but at my last company things would look great in figma but with the exact same styles applied they'd be wrong in every browser. That's the sort of thing people are complaining about here. I'm sure there's something fundamentally wrong with the font files. In both cases, they're not standard, widely available fonts. W…

My solution in these cases was to build prototype sites that sync in real time from the figma file. So the designer can see how their work actually looks, and treat the figma view as just a low fidelity preview.

This is the way to go. Designers should sign off on products, not mockups.

Re: Figma files for proposed IPO

#108

Post by notpushkin »

cluckindan wrote: post #104
skeeter2020 wrote: post #69

Earlier quoted context omitted.

Don't quite follow you, but if you're talking about a box-based layout for the web, that's a little overly simplistic as "the" layout, but is already possible. Keep in mind the historical underpinings; web documents were always more like scrolls than screens.

Not a layout, but a design tool like Figma, leveraging the default flow of elements.

Something like Webflow then?

Re: Figma files for proposed IPO

#109

Post by ericrosedev »

F7F7F7 wrote: post #14
btown wrote: post #10

They don't link to the Form S-1 prospectus from their announcement, but it's publicly available at https://www.sec.gov/Archives/edgar/data/1579878/000162828025... Their highlighted metrics page: $821M LTM revenue, 46% YoY revenue growth, 18% non-GAAP operating margin, 91% gross margin. It's an incredible success story, and the engineering they did upfront (primarily led by co-founder Evan Wallace) that set the stage…

I was one of their first Enterprise customers way back in 2017’ish-give-or-take. The brilliance of the system he built was that it allowed for real time collaboration. Which was god send from the Sketch -> Zeplin -> Invision -> Avocode (version management) ‘stack’ that lost Enterprise design orgs were using. Which was already a large leap from what Adobe was expecting us to do with Photoshop/Illustrator (after they d…

After the Adobe/Figma deal fell through a few years ago I thought they might breath new life into XD, it's a good program that integrates with your Creative Cloud libraries. No idea why they've put it on ice, especially without Figma.

Re: Figma files for proposed IPO

#110

Post by habosa »

So much negativity in this thread. I thought we’d be able to celebrate this one. Figma provided an alternative to the evil Adobe empire that was actually better. It’s powered by some amazing tech built originally by one of the founders. It’s still got a generous free plan. I’m happy the employees will get to cash out.
Post reply on HN