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VOICE ARCHIVE

John Wang

@j0hnwang
10 posts
2025-12-18
When I was deciding between which prediction market to join, Kalshi was the non-obvious choice to me as a crypto-native. Most people I spoke to dismissed it as the “boring regulated one”. But after digging in—seeing the pace of shipping, the quality of the team, and how the
2025-12-18 View on X
CNBC

Coinbase rolls out stock trading, more advanced trading tools, prediction markets via Kalshi, and other features, amid a push to be a one-stop financial app

Coinbase is making its biggest push yet to reposition itself as a mainstream trading and financial platform, moving beyond crypto …

2025-10-30
Biggest IPO still goes to Saudi Aramco at $1.7 trillion in 2019 Turns out AGI still can't beat oil
2025-10-30 View on X
Reuters

Sources: OpenAI is preparing for a US IPO that could value it at ~$1T and has explored raising $60B+, filing as soon as H2 2026, and listing in 2027

OpenAI is laying the groundwork for an initial public offering that could value the company at up to around $1 trillion …

2025-08-09
Brian believes so much in the onchain future that he is cannibalizing the CEX business model from within This level of conviction is only possible in a founder-led company. MBA CEOs would never
2025-08-09 View on X
Decrypt

Coinbase rolls out DEX trading in its app for US users, excluding New York state, starting with assets on the Base network, with Solana support “coming soon”

all without ever needing to leave the Coinbase app Stay tuned for more @hellotelos : The future of token listings is here. No gatekeepers. No delays. Millions of assets. One app. C...

2025-08-05
Figma underpriced its IPO to please the gatekeepers. It's easier to comply with the system than go against it Until we rebuild capital markets structure (crypto?) or a brave behemoth defies them (e.g. SpaceX establishing a new precedent), founders will keep folding to the cartel
2025-08-05 View on X
Bloomberg

Source: Figma considered a higher IPO price, but CEO Dylan Field wanted to bring on board certain long-term institutional shareholders and approved $33/share

Should You Chase the Surge or Wait for a Pullback? Fortune : Tech industry insiders share their picks for the next startups who will ride the IPO wave after Figma's blockbuster deb...

Figma underpriced its IPO to please the gatekeepers. It's easier to comply with the system than go against it Until we rebuild capital markets structure (crypto?) or a brave behemoth defies them (e.g. SpaceX establishing a new precedent), founders will keep folding to the cartel
2025-08-05 View on X
CNBC

Figma's stock dropped 27.38% to $88.60 on August 4 after last week's IPO pop; its fully diluted valuation sits at ~$56B, still almost triple Adobe's 2022 offer

Figma shares dropped 27% on Monday, cutting into the gains the design software company posted after hitting the market last week.

yes, bring on board “long-term investors” by giving them zero lockup and an 80% discount to opening price that's one way to light $3B on fire while getting applauded by Wall Street
2025-08-05 View on X
Bloomberg

Source: Figma considered a higher IPO price, but CEO Dylan Field wanted to bring on board certain long-term institutional shareholders and approved $33/share

Should You Chase the Surge or Wait for a Pullback? Fortune : Tech industry insiders share their picks for the next startups who will ride the IPO wave after Figma's blockbuster deb...

yes, bring on board “long-term investors” by giving them zero lockup and an 80% discount to opening price that's one way to light $3B on fire while getting applauded by Wall Street
2025-08-05 View on X
CNBC

Figma's stock dropped 27.38% to $88.60 on August 4 after last week's IPO pop; its fully diluted valuation sits at ~$56B, still almost triple Adobe's 2022 offer

Figma shares dropped 27% on Monday, cutting into the gains the design software company posted after hitting the market last week.

2025-08-01
Figma took 6 years to get to $1M ARR this must be surreal for @zoink [image]
2025-08-01 View on X
CNBC

Figma's stock closes up 250% at $115.50, after Figma sold shares at $33 in its IPO, hitting a ~$68B valuation; Adobe's $20B Figma acquisition fell apart in 2023

Figma's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO.

Figma just left $2.3 BILLION on the table — nearly double what they actually raised. IPO'd at $33. Target open at $95. That's not “market excitement”. It's deliberate underpricing and legalized theft by investment banks who sold it cheap to their institutional buddies. Retail
2025-08-01 View on X
CNBC

Figma's stock closes up 250% at $115.50, after Figma sold shares at $33 in its IPO, hitting a ~$68B valuation; Adobe's $20B Figma acquisition fell apart in 2023

Figma's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO.

2024-03-29
I attended the SBF trial. It was one of the most mind-blowing experiences of my life. Seeing him get a 25 year sentence today is as surreal as it felt sitting right behind him in that courtroom. Here's my story of that day: [image]
2024-03-29 View on X
Reuters

A US judge sentences Sam Bankman-Fried to 25 years in prison for stealing from users of his now-bankrupt FTX crypto exchange and orders him to forfeit $11B+

Past 6 pm on December 29 … Matthew Russell Lee / Matthew Russell Lee's Newsletter : Aftermath: SBF Sentenced to 25 Years in Prison After Coin Flip and Presidential Aspirations Cite...