Figma's IPO: A Win for Antitrust or Just Great Product?

Figma's successful IPO is being celebrated by Lina Khan, former FTC chair, as a validation of her antitrust stance. Khan's previous blocking of Adobe's $20 billion acquisition of Figma sparked controversy in the tech industry. She argues that preventing Big Tech from acquiring startups fosters innovation and competition, ultimately benefiting employees, investors, and the public. However, critics counter that Figma's success is due to its inherent strengths, not regulatory scrutiny. The debate highlights the complex interplay between tech mergers and antitrust regulation.