Form S-1. Malleable software. Config identity.
Sponsor
Design in Figma. Deliver with Zeplin.
Figma is creative, freeform, and ever-changing. But it’s not where devs belong. Devs want structure. Devs want clarity. That’s why we built Zeplin — because design delivery deserves its own space, outside the canvas.
IPO
Figma Files Registration Statement for Proposed Initial Public Offering
Figma’s Form S‑1 submitted to the SEC in April is now available to the public. The number of shares to be offered and the price range for the proposed offering have not yet been determined.
SEC Form S-1
Lots of fascinating details that were not shared publicly before. Figma’s last 12 months (LTM) revenue is $821M, so most likely they will cross $1B in revenue in 2025. Maintaining 46% YoY revenue growth at this scale is nuts. 76% of customers use 2 or more products, and 2⁄3 of users are non-designers — Figma is no longer just a design tool. The entire form is hundreds of pages long, so it will take a while to read in full.
Figma filed for their IPO (and revealed EVERYTHING)
Theo explains why Figma is going public, why now, and what risks they’re facing.
What’s New
How we shaped the visual identity for Config 2025
“From giant inflatable glyphs to welcoming soundscapes, Figma’s Brand Studio designed an immersive conference that celebrated the spirit of makership at every turn.”
Malleable software
A thoughtful essay by Ink & Switch on restoring user agency in a world of locked-down apps: “In this essay, we envision malleable software: tools that users can reshape with minimal friction to suit their unique needs. Modification becomes routine, not exceptional. Adaptation happens at the point of use, not through engineering teams at distant corporations.”
Quality is a trap
Eric Bailey: “Like cicadas emerging from the ground, design industry conversations about quality seem to periodically erupt on social media. Also like cicadas, these articles are as predictable as they are irritating.”
Figma Design
Best Way To Create Apple’s Liquid Glass Effect in Figma
Sergei Chyrkov recorded a tutorial on imitating the Liquid Glass effect on a button in Figma.
Figma Make
Named version history in Make
This is a pretty nice QoL improvement. Want to see it in Figma Design too!
Plugins & Tools
Image Adjustments Copy&Paste
Copy image adjustments from one image to another. Just select an image on the canvas, click Copy, select another image, and paste the image adjustments there.
Glass3D Generator
Customizable glass effect generator supporting background blur, color tints, and textures with export to CSS.
tweakcn
Custom theme generator for shadcn/ui.