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by satvikpendem 11 days ago
I worry about Figma stock, I know some who bought during the IPO who are now underwater. Figma launched their own design agent but not sure how well that's doing.
2 comments
jen729w 11 days ago
> I know some who bought during the IPO who are now underwater

Yeah you don't say. High of $124, currently $22. But hey: that's ~~gambling~~ stock trading for you.

https://au.finance.yahoo.com/quote/FIG/

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kubb 11 days ago
No sympathy from me. I just wish it happened more to people who overpay for stuff like houses or Tesla stock.
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JumpCrisscross 11 days ago
> I just wish it happened more to people who overpay for stuff like houses or Tesla stock

That's pretty mean. I disagree with a lot of people on their investment choices and evangelism. That doesn't mean I want them to suffer for it.

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kubb 10 days ago
It’s not that I want them to suffer, it’s that them being rewarded incentivizes suboptimal behavior and outcomes. Markets don’t work anymore. Which results in even more suffering.
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JumpCrisscross 10 days ago
> them being rewarded incentivizes suboptimal behavior and outcomes

What if they're choosing correctly? Like, I've been pretty consistently critical of crypto. Yet I'm glad my index funds have to buy Coinbase.

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jen729w 10 days ago
> Yet I'm glad my index funds have to buy Coinbase.

Curious why? Its chart is a nightmare – up and down like a yo-yo. Not something I'd want to have to depend on.

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itemize123 10 days ago
how come? this is a very weird take- why is the focus on ppl suffering instead of like fairness or capital / market efficiency ?
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fugaziboutit 10 days ago
Their efforts at AI have been really sad to see. They tried making an Everything Bagel and seem to have hit a wall, hard.

It's a shame because if they'd taken an iterative approach of automating various parts of a normal Figma workflow to speed things up for users, that would have helped them discover where the value was; lots of little ideas, failing fast, testing and updating.

Maybe they just got too big and lost their mojo.

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hckrnrd 10 days ago
QQ is your insight from first-hand experience using it in an enterprise production environment? If not, then how did you get to this realization?
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