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![HarryStebbings Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3253629143.png) Harry Stebbings [@HarryStebbings](/creator/twitter/HarryStebbings) on x 287.6K followers
Created: 2025-07-24 15:18:41 UTC

X. Figma is cheap at this price but it is all part of the strategy.

Their IPO is priced at 14–16× NTM with a phenomenal growth rate.

This attracts investors: Low valuation hooks prospects into meetings and fuels demand buildup.

Underwriters will “walk up” the price later.

Love to hear your read on this @bgurley @altcap @plaffont @infoarbitrage


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948402464161411290/c:line.svg)

**Related Topics**
[buildup](/topic/buildup)
[ipo](/topic/ipo)

[Post Link](https://x.com/HarryStebbings/status/1948402464161411290)