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Figma files for proposed IPO

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Re: Figma files for proposed IPO

#142
post #129

Earlier quoted context omitted.

[flagged]

I take uber every day and haven't found it to be "enshittified" (outside of some ads appearing in the app now).

It's not a big deal but the cars allowed on Uber has worsened. I remember trying to sign up as a driver a few years ago with a 2009 Corolla and being denied because the car was too old and now see cars from then allowed today. Maybe that's the cost of scaling but I find it worse. Also no more Uber pool.

Re: Figma files for proposed IPO

#143
post #129

Earlier quoted context omitted.

[flagged]

I disagree, many companies are still great even after going public in the last decade: Shopify, Cloudflare, Zoom, Spotify, Roblox, and Coinbase are all notable examples.

Of those I only use Spotify and it pesters me at all hours of the day.

Re: Figma files for proposed IPO

#144
post #129

Earlier quoted context omitted.

[flagged]

I disagree, many companies are still great even after going public in the last decade: Shopify, Cloudflare, Zoom, Spotify, Roblox, and Coinbase are all notable examples.

"Great" for the majority of these is a stretch. There's no shortage of complaints about how Spotify treats both artists and customers, and Roblox enjoys yearly controversies from how it provides access to and exploits its customer base of children.

Re: Figma files for proposed IPO

#145
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…

Don't forget that Evan is the author of esbuild[1], which started a wave, eventually resulted in 10x performance improvements in frontend tooling, and even recent TypeScript rewrite to go[2].

[1] https://github.com/evanw/esbuild [2] https://github.com/microsoft/typescript-go

Re: Figma files for proposed IPO

#146
post #129

Earlier quoted context omitted.

[flagged]

I take uber every day and haven't found it to be "enshittified" (outside of some ads appearing in the app now).

The enshittification is definitely happening on the driver-side with wordened working conditions and pay.

Re: Figma files for proposed IPO

#147
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…

Don't forget that Evan is the author of esbuild[1], which started a wave, eventually resulted in 10x performance improvements in frontend tooling, and even recent TypeScript rewrite to go[2]. [1] https://github.com/evanw/esbuild [2] https://github.com/microsoft/typescript-go

I think you're confusing esbuild with ESLint. ESLint was created by Nicholas C Zakas.

Re: Figma files for proposed IPO

#148
post #129

Earlier quoted context omitted.

[flagged]

I take uber every day and haven't found it to be "enshittified" (outside of some ads appearing in the app now).

I like Uber but I was surprised at how bad their mapping is - they get the route to get me home wrong and I've gone through the process of telling them about the mistake in their maps and they just seemed to ignore me.

Re: Figma files for proposed IPO

#149
post #113

> The table above does not reflect our renewed cloud hosting agreement with a third-party provider, entered into on May 31, 2025. Under the terms of the non-cancellable agreement, we committed to purchase a minimum of $545.0 million in cloud hosting services over the next five years. This renewed agreement replaces a previous agreement with the provider. $300k/DAY AWS bill. I wonder what the "non-cancellable" savings…

why is it so high? all of their high performance stuff is on device wasm, so all of that just to host their website and like collab features or some such?

Re: Figma files for proposed IPO

#150

Earlier quoted context omitted.

Don't forget that Evan is the author of esbuild[1], which started a wave, eventually resulted in 10x performance improvements in frontend tooling, and even recent TypeScript rewrite to go[2]. [1] https://github.com/evanw/esbuild [2] https://github.com/microsoft/typescript-go

I think you're confusing esbuild with ESLint. ESLint was created by Nicholas C Zakas.

Fixed it, thanks for noticing.
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