Figma is crushed during its post-OPO beginnings; The CEO Dylan Field is focused on the long -term AI power to “ increase the ceiling ”

The shares of the Figma design software company plunged 14% in prolonged exchanges, investors, investors took a low view of the report on the first quarter of Figma.

The CEO of Figma, Dylan Field, who co -founded the company in 2012 and saw its acquisition of $ 20 billion per Adobe is uningking in 2023, is not the type to be caught in the negative. “We are at the beginning of what I hope to be a long -term relationship together,” said an area confident to the listeners when he launched the call for earnings, taking advantage of the opportunity to demonstrate Figma’s presentation technology.

Before the call, Field spoke to Fortune And shared his reflections on one of the most important trends affecting his business: AI.

“Nobody knows if we are going to look back in five years everything that is going on at the moment in the AI ​​and say:” Oh my God, it was the most bubbler of moments, “said Field.” Or: “Wow, we have completely underestimated the effect he would have on society.” But for Figma, what I think will be true in five years, it is that we are always able to do it as possible production.

The AI ​​is at the center of the private and public markets, and is largely considered as a key wind and a risk factor – for Figma. During its second fiscal quarter, Figma increased income from 41% from one year to the next to 249.6 million dollars, almost online with analysts’ expectations. Figma declared $ 28.2 million in net profit, or the profitability threshold on a basis per share.

Field believes that one of the key intersections between AI and design is that AI tools will help widen access, allowing more people to become designers. Figma added four new ai-native tools to its platform this quarter and told investors on the call to expect significant investments in AI in the future.

“We want to reduce the soil, but raise the ceiling – do it so that more people can participate in the design process, while allowing professionals to do even more with AI,” said Field Fortune, reiterating a business mantra of “Design is the differentiating”.

The thesis of “design as a differentiator” dates back to the beginnings of Figma. When Field was an intern in Flipboard in 2012, he noticed that even then companies hired more designers.

And as mobile technology and consumer expectations have evolved, it has theorized that the design became a critical differentiation, from a skill to an essential commercial advantage. This is only true today, he said, adding that “there is a kind of talent war for design at the moment that we are talking about a lot online in online conversation”.

In the end, said Field, the Figma AI approach consists of surfing the wave.

“Our philosophy is that when the models improve, we improve,” he said. “This is always the test that I have strategically for us.”

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