A profile of Figma founder Dylan Field, who will become the wealthiest person from the Thiel Fellowship by far, as PitchBook estimates his stake is worth $2B+ (Bloomberg)

Bloomberg:
PitchBook: Figma deal is the largest exit for a VC-backed company in ~20 years; source: Index Ventures’ ~12% stake makes it Figma’s biggest outside shareholder  —  Danny Rimer first invested in Figma in 2012, shortly after the company was established and began developing software tools for designers.

Nilay Patel / The Verge:
An interview with CEO Dylan Field on scaling Figma, selling the company to Adobe, retaining autonomy, WebGL, making VR Figma for the metaverse, AGI, and more  —  We also talk about AI and VR — but we know why you’re here. … Dylan Field is the co-founder and CEO of Figma …

Hunter Walk:
Adobe’s $20B Figma deal is worth it because Figma’s $400M ARR, independent of margin, was continuing to double and creating pricing pressure on Adobe  —  Hint: The Answer Doesn’t Involve a Spreadsheet  —  I’m not an investor in Figma.  I don’t know Figma CEO Dylan Field.  And I’m not a designer.

Lizette Chapman / Bloomberg:
Thiel-backed conservative video platform Rumble is up 37% after going public via SPAC merger at a $2.1B valuation, raising $400M  —  Rumble Inc., the conservative video network backed by billionaire Peter Thiel, became a publicly traded company Monday through a deal with a blank-check firm …

Bloomberg:
Adobe plans to acquire UI design and prototyping tool Figma for around $20B in cash and stock; Figma CEO Dylan Field will continue in the role  —  Adobe Inc. is nearing a deal to acquire Figma, a startup that makes online design collaboration tools, people with knowledge of the matter said.

Danny Hakim / New York Times:
Russia’s RT, banned by major platforms in March 2022, has found an audience on Thiel-backed Rumble, often pushing Russian propaganda about the Ukraine invasion  —  An interview of captive Americans done “under duress” appears on a web platform backed by J.D. Vance and Peter Thiel.