Lina Khan points to Figma IPO as vindication of M&A scrutiny

Lina Khan, the former chair of the Federal Trade Commission, has pointed to Figma's successful IPO as a vindication of her approach to merger and acquisition (M&A) scrutiny. Khan believes that the Figma IPO shows the value of allowing startups to grow into independently successful businesses, rather than being acquired by larger tech giants. The Figma IPO was a highly anticipated event, with the design software company raising $340 million and achieving a valuation of over $10 billion. Khan has been a vocal advocate for increased antitrust scrutiny of tech mergers, arguing that such deals can stifle innovation and competition. The Figma IPO is seen as a testament to Khan's approach, demonstrating that startups can thrive without being acquired by larger companies. This could have implications for future M&A decisions, as regulators and policymakers consider the long-term impact of such deals on the broader tech ecosystem.