Figma Inc Archives - Globe Insight

Silicon Valley’s AI deals are creating zombie startups: ‘You hollowed out the organization’

August 19, 2025 by Admin

Jaque Silva | Nurphoto | Getty Images Jeff Wang got a big promotion last month. There were lots of tears, but not the happy kind. The 39-year-old was unexpectedly named interim CEO of artificial intelligence coding startup Windsurf. The company had been in discussions with OpenAI about a potential acquisition …

Figma’s top VCs are sitting on $24 billion worth of stock after massive IPO pop

July 31, 2025 by Admin

Figma’s top VCs are sitting on billion worth of stock after massive IPO pop

Figma Inc. signage during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Thursday, July 31, 2025. Michael Nagle | Bloomberg | Getty Images You can almost smell the bubbly wafting across Silicon Valley. Following Figma’s blockbuster market debut on Thursday, …

Silicon Valley’s AI deals are creating zombie startups: ‘You hollowed out the organization’

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