In April, it closed a $50 million round of funding led by Andreessen Horowitz, even as the COVID-19 pandemic hit the US in full force. Figma impressed investors with its revenue growth and major customer wins, including teams at Microsoft, Airbnb, GitHub, Square, Zoom, and Uber.
Ultimately, the traction that Figma has seen is a reflection of the increased importance of design as a competitive advantage, Field said. When he was 19, Field applied for and received a Thiel fellowship for entrepreneurs because he and cofounder Evan Wallace had been talking about starting a company. Originally, his pitch was focused on drones, but eventually his company concept morphed into what would become Figma.
"I didn't know how to manage effectively," he said. "I didn't know the basics around how to have good judgment around who to hire. When we were 10 people, I was a year into management. Usually if you are a new manager, you manage a few people. I was trying to do this at the same time and get the product to market."
"[An] app would have six different styles of buttons," Field said. "We're now seeing people trying to standardize more."
ING_news
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Softbank-backed Compass acquires title and escrow startup Modus - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How to answer job interview questions from startups - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Still struggling with becoming A Profitable Forex trader? I can help you out,Make $3000 in just 3 days,No need to pay for Signals,Learn how to invest and generate income all by yourself.Become a successful forex trader today📊💰.DM for more info Markharrisfx
Source: BusinessInsider - 🏆 729. / 51 Read more »
Wingman Ventures: Swiss VC fund closes $83 million for startups - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
TikTok is asking creators about its biggest weaknesses as competition for talent grows - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Gucci and The RealReal announce partnership as demand in resale grows - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. It never died after 1919 spanish flu and it will not die after COVID19!!
Source: BusinessInsider - 🏆 729. / 51 Read more »