News Summary

• Figma and Ambiq Micro both went public this week.
• Kleiner Perkins was a major investor in both companies.
• It's been a very good week for the venerable venture firm.
• For perspective, this stake in Figma alone is worth 3x the last mega-funds the firm raised, which was $2 billion across two vehicles in 2024.
• The firm reportedly scored a decent return earlier this month as part of Google’s deal to license tech from Windsurf and hire away its top talent.