Mamoon Hamid

I don't think so. I don't think a lot of the blame on Lina Khan, poor Lina Khan. In our own experience, that was not the issue for Adobe Figma. It wasn't Lina or the FTC. There were other issues here in the UK. There was a CMA that was really involved there.

I don't think so. I don't think a lot of the blame on Lina Khan, poor Lina Khan. In our own experience, that was not the issue for Adobe Figma. It wasn't Lina or the FTC. There were other issues here in the UK. There was a CMA that was really involved there.

Yeah. Yeah, I think everyone's just waiting until after the election. You know, I think we all thought there's a window of like eight weeks before the election or this year to go out and just not a lot of activity. I do think that we're going to have a good year next year.

Yeah. Yeah, I think everyone's just waiting until after the election. You know, I think we all thought there's a window of like eight weeks before the election or this year to go out and just not a lot of activity. I do think that we're going to have a good year next year.

Yeah. Yeah, I think everyone's just waiting until after the election. You know, I think we all thought there's a window of like eight weeks before the election or this year to go out and just not a lot of activity. I do think that we're going to have a good year next year.

I'm really hopeful. I think next year will be a good year for IPOs.

I'm really hopeful. I think next year will be a good year for IPOs.

I'm really hopeful. I think next year will be a good year for IPOs.

What did you see that no one else saw in this round and why did you? Credit goes first and foremost to Dylan and Evan who'd built an incredible product. It was just, it took a while to build. We've heard sort of famously the story around like WebGL advancing and finally by 2017 Figma had a product that could work multiplayer inside the browser as a design tool.

What did you see that no one else saw in this round and why did you? Credit goes first and foremost to Dylan and Evan who'd built an incredible product. It was just, it took a while to build. We've heard sort of famously the story around like WebGL advancing and finally by 2017 Figma had a product that could work multiplayer inside the browser as a design tool.

What did you see that no one else saw in this round and why did you? Credit goes first and foremost to Dylan and Evan who'd built an incredible product. It was just, it took a while to build. We've heard sort of famously the story around like WebGL advancing and finally by 2017 Figma had a product that could work multiplayer inside the browser as a design tool.

And that just wasn't the case in 15, 16. It just wasn't didn't have the latency for people like designers are very high end in terms of like their needs for product naturally. Right. And so lucky for us that we got to see the company when the product started to work and in the metrics for the product, even though the numbers of

And that just wasn't the case in 15, 16. It just wasn't didn't have the latency for people like designers are very high end in terms of like their needs for product naturally. Right. And so lucky for us that we got to see the company when the product started to work and in the metrics for the product, even though the numbers of

And that just wasn't the case in 15, 16. It just wasn't didn't have the latency for people like designers are very high end in terms of like their needs for product naturally. Right. And so lucky for us that we got to see the company when the product started to work and in the metrics for the product, even though the numbers of

number of users was small, the amount of use, you look at something like a Dao Mao or look at an L28, you just saw that designers were using the product 15, 16, 17, 18 days out of a month. So effectively every workday, a designer was going in and collaborating inside of Figma or using it to design inside of Figma.

number of users was small, the amount of use, you look at something like a Dao Mao or look at an L28, you just saw that designers were using the product 15, 16, 17, 18 days out of a month. So effectively every workday, a designer was going in and collaborating inside of Figma or using it to design inside of Figma.

number of users was small, the amount of use, you look at something like a Dao Mao or look at an L28, you just saw that designers were using the product 15, 16, 17, 18 days out of a month. So effectively every workday, a designer was going in and collaborating inside of Figma or using it to design inside of Figma.

And so you saw early indications that the product that had just launched and it was just in a few hundred K revenue, it was working. Yeah, lucky for us that we got to catch it before it. Can I ask, what did you get wrong in your assumptions on Figma? I have to share my memo with you. I would love that. Yeah, I know. I'll share it with you.

And so you saw early indications that the product that had just launched and it was just in a few hundred K revenue, it was working. Yeah, lucky for us that we got to catch it before it. Can I ask, what did you get wrong in your assumptions on Figma? I have to share my memo with you. I would love that. Yeah, I know. I'll share it with you.

And so you saw early indications that the product that had just launched and it was just in a few hundred K revenue, it was working. Yeah, lucky for us that we got to catch it before it. Can I ask, what did you get wrong in your assumptions on Figma? I have to share my memo with you. I would love that. Yeah, I know. I'll share it with you.