Figma CFO on OpenAI Integration, AI Monetization, and Global Growth Catalysts

Welcome back to the rundown, one of the

top business podcasts in the world. In

today's episode, we are talking to the

CFO of Figma, Previer Melvani. Previer

has been at Figma for over 8 years now.

He took over as CFO back in 2022, and

since then, he's guided the company

through a failed acquisition from Adobe

and also the Blockbuster IPO this

summer. So, in today's conversation, we

got into what it's like taking a company

public and seeing its stock price double

on the first day. We also talked about

where Figma sees growth ahead and how

they plan to monetize AI and also what

it's like to collect a $1 billion

breakup fee. This was an awesome and

wide-ranging conversation with Preier.

We even talked a little NBA. So, let's

get into it.

All right, Pier Melvani, thank you so

much for uh coming on the show today.

>> Yeah, really good to be here. Thanks for

having me.

>> Of course. Um, what's uh what's life

like been what's life like as a uh CFO

of a publicly traded company? You know,

Figma went public over the summer. Have

you gotten used to like the day-to-day

changes um compared to being a private

company? you know that the first few

days there are a little bit of a roller

coaster but then um you know once you

settle in post that first earnings call

I think things get back to normal a

little bit so right now part for the

course for us deep into 26 planning very

excited about a bunch of the stuff that

we've got coming out so um yeah life's

good

>> that's awesome I want to go back to the

summer a little bit because it was uh it

was a wild week to say the least um as

the CFO you're obviously you know a big

part of that process taking the company

public was one part of the process that

was like the most surprising to you?

>> Um, I mean that's

>> you can give me more than one that's

fine.

>> Um, there's just a whole bunch of stuff

that needs to happen uh over the course

of you know a short time period there.

Um, and you know I one of the things

that was really surprising to me is how

much our team was able to accomplish um

and and just make a reality. And you

know you do it you do kind of you kind

of hope and pray that it all works out

and seeing it all come together is was

really special. And then obviously that

that first day we we did not anticipate

the stock to do what it what it did, but

um you know we're here for it. We we

recognize that you know it's it's a

moment in time metric and we're very

much focused on the inputs uh over the

long term.

>> Can can we talk about that that first

day because obviously that's like what

everyone talked about. The stock IPOed

at $33 and then it jumps up to over $100

in the first day. Um people were writing

like essays on Twitter about how the IPO

process is broken. What do you feel

about that? because do you feel like

that uh the process might be a little

bit broken that it favors bankers versus

you know Figma maybe you guys left too

much money on the table?

>> No, I mean look I mean our our pro

basically the majority of the

transaction was secondary. Um so the

Figma balance sheet didn't necessarily

move too much other than the you know

the synthetic secondary that we raised

uh to to pay down the tax bill on on the

RSUs that came due. Um, you know, so

from from our perspective, it it was the

function of a whole bunch of interest in

in the stock in a pretty constrained

float. And so I, you know, we get we get

excited to continue to educate the

public on on our story and narrative. I

think, you know, that that's going to

take some time to bake. Um, and that's

kind of exactly what we told our our

employees is like, you know, we we have

to kind of keep heads down and keep

building because, you know, it's a you

know, the stock market is more of a it's

more of a weighing machine than a than

than, you know, than a short-term voting

machine that that we saw that day.

>> Yeah, I mean that's true and that's a

very good answer, but I'm also thinking

like imagine being an employee there

that first week you're probably like,

"Oh, what what's going on here? It's got

to be like that roller coaster of the

ups and downs." Like that's got to be

nuts.

>> Yeah. can only imagine u well I mean I

lived through it so definitely felt it

but uh you know again there there's only

so many things that we can control

shipping great product um you know

listen to our customers and that's kind

of where our focus is today but now

being a publicly traded company I mean

you know you do have quarterly earnings

to worry about now you know investors to

worry about do you think that puts extra

pressure on the company though to maybe

focus more on chasing margins versus

innovation or shipping certain certain

kinds of products like how do you keep

that startup DNA um while also keeping

the investors in mind.

>> Yeah. I mean one of the things that we

were able to do over the course of not

just through the IPO process but for you

know years now is you know those long

only investors the folks that are going

to be around the business for extended

periods of time. We want them to

understand how we think how we make

decisions and be along for this ride for

not just um what's happening in any one

particular quarter but what's going to

happen you know years from now. Um and

you know that was an important thing for

us as we went through that and we were

selecting folks that were going to be

part of the syndicate or rather that

that were that were going to be uh

allocated shares and um we wanted to be

aligned there that there there are going

to be moments in time where we're going

to need to invest in the short term and

uh for for the benefit of the long and

you know we're we're in one of those

cycles today with our investments uh

from with many of our AI investments and

that's going to potentially create a

headwind on our gross margin side but if

we do our job right that means that

there's more usage more utilization on

platform uh and more people are are are

building, you know, the products of the

future on Figma and that, you know, over

time will translate uh to dollars for

the business. But in the short term,

that that may mean that we're, you know,

eating some of the additional cost

there.

>> I want to I want to talk about some

interesting things that that that I

learned um you know, just studying the

company. You know, what was surprising

to me the most was that 85% of Figma's

users are outside of the US. Is that is

that correct?

>> That's right. Yeah.

>> And and that accounts for what around

50% of the revenue.

>> Yeah. Yeah. So, so do you see like the

international market as as like the

growth engine to kind of close that gap

between users and revenue?

>> You know, it's it's been a consistent

trend for us for some time. You know,

I've been at the business now for about

eight years and um when I first joined

about 80% of our week our weekly active

users or I think just actives in general

were outside of the states and you know

that's climbed um to 85 today. Um but

yeah, I mean there there's definitely

room for us to continue to localize uh

and meet our customers where they're at.

I mean uh even as recently as uh this

past week we localized the product in

French and German uh and we're kind of

go going across you know a whole a whole

host of marketing marketing activities

across the world and you know we've

opened up office in all across Europe in

places like um Paris, London um and and

Berlin in different parts of Apac and

Singapore uh Tokyo, Sydney and you know

we're looking to continue to expand that

um in in the near future here and in

large part it is because you know design

of the it's a global phenomenon you know

the way in which people are interacting

with brands uh more often than not

digitally and you know that's that's not

something that is only going to be felt

here in the US but uh but candidly it's

it's felt by you know folks across the

world across all sorts of industries

>> yeah I mean just my personal experience

I remember just trying Figma for the

first time uh a buddy put me on to it

sent me a link and I'm like I can we can

work together at the same time like it

was like the it was like a flash bulb

moment I'm like this is like Google Docs

but like for design and it was just so

cool. And then it's cool to see that

like people all over the world resonate

with that.

>> Totally. And it's it's kind of what we

all come to expect though, right? It's

um it's this really rapid way of

working. It's this multiplayer

collaboration that um that you know

we've grown up on. And I think that's

what what what Dylan and Evans um you

know uh what they stumbled on when they

started Figma is that there just a

unique way um that felt a little bit

different at the time to how how you

know designers were going to come and

work together not just amongst

themselves but with the broader set of

folks that are going to interact with

the product development process your PMs

your marketers your engineers um and you

know design truly has a seat at the

table at this point it's the it's the

it's the key it's the key you know set

of interfaces that that are going to be

the front door to your customers And

that's got to be um really thoughtfully

curated. Uh and it's what's it's what's

going to then um create those points of

differentiation that allow you to win. I

think Pier people don't realize like

before a tool like Figma, it was a pain

having to like save a design file,

right? And then like having to like

email it to somebody, they look at it,

they make changes, they send it back to

you with like V3, and then you're on

V26. And it's just it was a pain. This

is like what this is this was this was a

gamechanging tool.

>> Yeah. Yeah. No, I mean I think it's it's

also just the start for for where we're

going in the future. We you know earlier

this year doubled our product portfolio.

We rolled out you know four new four new

products. Uh one called Figma Buzz which

which is a you know purpose-built

surface area for marketers and brand

designers. We rolled out a product

called sites which allows you to go

single click to publish and you then

have a you know static site that you can

then ship um and we'll host on your

behalf. We rolled out a product called

Figma Make, which allows you to prompt

your way into an actual application uh

right out of the gate. And then um there

there's a product called Figma Draw,

which is an elevated way for you to um

an elevated vector drawing tool for

folks that are really really focused on,

you know, craft and um and and have and

want to have the ability to go deeper

within the product as well.

>> I'm all about those mind maps. That's

what I use Figma for mostly. It's

awesome. Um or the whiteboard stuff.

It's just it's awesome. Um, you are you

are you sick of talking about AI yet or

do you or is that still like are you

still loving it because I feel like

every conversation has to be about AI?

>> Well, it's almost like this platform

layer. It's just part of who we are and

who we and how many companies build now.

So, you know that I I I I totally

appreciate and understand the the you

know the sentiment and the excitement

around it. Um, for us it is just just

the way that you know we expect we all

expect our products to to be built uh in

in this kind of new age and new future.

I I mean I think the the words that I

saw being thrown around was like Figma

is a design AI first design platform. Uh

but what what I always think about

whenever I hear that is like um how do

you monetize it? Right? I think that's

still something that is unclear for a

lot of investors like how do you see

Figma

maximizing

you know maximizing the monetization of

AI somewhere somewhere down the line.

>> Yeah. You know, I think right now we're

still focused on finding um use cases

and workflows that are really resonating

with our end users. Um and as we

continue to identify what are the hero

workflows uh and really drive

incremental improvement to those u we'll

be able to figure out the modernization

piece thereafter. But you're entirely

right in that, you know, the the the

questions around modernization are, you

know, rising because it's there are

elevated costs to running these u new

models, new new products and, you know,

we're not it's not lost on us that

that's true. Um, and, you know, I think

there's going to be a way where we could

marry both uh embedded usage on our

existing um existing seat types while

also then a consumption model that we

can overlay on top uh that allows power

users, folks who are getting extreme

amounts of value from the platform uh to

be able to do so. Uh and then we we we

as Figma can share in some of that value

along the way. Um but I you know I think

you know for for us it's right now about

growth. It's it's driving ubiquity of

our new solutions. Uh and we very much

believe that you know that that is the

path to then the future modernization

that we all are excited about. Was the

was the partnership with OpenAI I think

it was announced a couple weeks ago um

where you can use Figma within chat GPT.

I haven't tried it myself but I'm

excited to try that. What why was why

was it important for Figma to be a part

of the chat GPT ecosystem? Are are you

seeing that as a something to be a

revenue generator or more of a of a

pipeline for for new users?

>> Yeah, I think we'll see. I mean, right

now, you know, they they've got what 800

million weekly active users or

something. So, you want to be where

where folks are. And I think you know as

people are discovering tools in

different ways um starting in chatbt is

going to be an interesting way for our

users to to find Figma in the future. Um

and you know the way that that

integration works today is you if you're

describing a diagram or a workflow or

mind map it sounds like you do that in

Fig Jam already today. Um you could

start that uh in the context of a chat

with chatgbt. Um, and we'll render those

uh for you in line. And should you then

want the ability to go uh and save it

down, make edits or changes, you can

click click through and open up a Fig

Jam file directly within the chat GPT

interface. You know, there's there's

obviously different ways that we can we

can think about evolving that. Um, today

it's it's primarily surrounding, you

know, an openw with partnership where

you you can then land in in Fig Jam. Um,

but you can imagine a world where, you

know, maybe you want to be able to start

a Figma slides journey within the

context of a of a of a chat application

or uh maybe it's you're actually you're

actually going and describing an

application you'd like to create and we

render a Figma make there uh for you

which you can then go and and take in um

you know the the the next sort of leg

there. And I think there's going to be

an interesting way for us to play with

um you know different sort of chat

providers over time. I think you know

it's a it's going to be an interesting

interesting journey for us to figure out

how we continue to optimize this. Um but

you know when they when they come

knocking uh and there's just so many

users there we want to make sure that

you know we're meeting we're meeting the

you know the opportunity um with haste.

Are are you worried at all that these

tools might be getting a little too

good? Like Nano Banana when that came

out a couple week couple months ago at

this point it's like man this is

starting to get really really good to

where maybe it turns into a competitor

uh of Figma of Figma.

>> Yeah. You know for us what we've been

focused on is we think that we are um

you know the system of record for folks

that are building um uh any sort of

digital product or experience. And you

know that's that's not necessarily one

part of uh that's not it's not it

doesn't necessarily take just one tool

one one prompt in order to get there.

You really have to be able to serve

every part from ideiation all the way

through build. And so um you know

there's a whole whole set of workflows

that that have to happen along the way

where you have to build alignment with

with your team members. You then want to

be able to actually visualize it and

potentially visualize it in multiple

different ways. test it, prototype it,

be able to hand it off to a developer

who actually can then go build it or or

in some cases we can actually work we

can work with, you know, whatever um new

agentic ID that you're already living

within and and through an MCP server

that we've created pull in the design

context um that can live side by side um

with you in VS Code or Cursor or

Windsurf right away. And so, you know, I

think that what we we very much believe

in this new world that there's going to

be more software, not less. you know, AI

is definitely going to help help that

that to happen. Uh, but it's

wellcraftrafted, well-designed pieces of

software um that have, you know, already

already had the muscle of internal

alignment um already buil built through

it. Um, that are going to be the pieces

of software that win. Um, and we think

that we can be that platform, that

system of record that supports that over

time.

>> Yeah, I I tend to agree with you. I

don't think that these tools are like

people are going to need something on

top of just these tools. I mean, I I've

stopped using Photoshop. I know it's a,

you know, bad word for for you guys, but

I stopped using Photoshop in in exchange

for some of these AI tools, but like

Figma is it's it's it's hard to replace

everything you guys do. Um, but sticking

with the AI AI line of questioning, when

you hear the term bubble and circular

circular financing,

uh, does that do do you do you roll your

eyes at that or or or do you take it

seriously and and just kind of like

monitor the situation? I'm I'm kind of

curious to see as someone in your

position like how do you approach that?

Yeah, I mean right now I'm I'm, you

know, squarely focused on, you know,

what can we build, what can we control,

and what are our customers asking for?

And I think, you know, what we're

finding is our customers are looking for

new ways that they can build more

efficiently, more product, and be more

productive with with the set of

resources that they can. And they're

looking to us at times for inspiration

on how to do that. And so, you know, now

that we have so many more different

experiences that we can take to them,

it's a it's actually a pretty it's

actually pretty compelling platform

pitch that that we take back to them uh

over time. time and I know you know over

what we're we're attempting to do even

more so on the go to market side is take

a little bit more of a solutionsoriented

console data uh sales approach to that

process um to be able to take the

learnings of you know some of our early

customers who are actually who actually

deploying you know um you know our set

of our AI solutions end to end and be

able to replicate that in in different

ways and so um you know I think that you

know many customers are many companies

are still searching to understand

exactly um how their workflows will

change and you know we we Figma too are

are feeling that u today. Um so I don't

by no means do I feel like folks have

figured it out completely but there's

definitely a willingness to experiment

to learn uh and try things differently

um as as you know more opportunities

present themselves

>> and right and right now the markets are

encouraging that right that probably

helps too where people are like you know

investors are looking for uh you know

companies trying solutions for AI and

and some sort of uh business model

around it. Yeah. And it's not I I I mean

for us even as we just going through our

26 planning, it's it's very much

embedded in the way in which that we're

we're talking about planning. Um so you

lay out your headcount proposal, your

your org chart, and you know, as I'm

sitting down with with each each leader

across the company and and with our CEO,

we're not just saying, okay, well, what

x number of people need to be need

required to do y job. It's like, hey, do

you have the right system? Do you have

the right process? Are you using the

right tools uh in order to make it

happen? And I think you know it's uh

it's harder today to say hey I um uh I

need an additional person to go and do

this task. Uh you have to actually prove

that you've you know you've tried the

other sets of solves before you before u

you know we go and add an incremental

person over time.

>> So not only is it like a a solution that

you guys sell but you're also looking at

AI tools internally to help improve

productivity and cut down costs.

>> Yeah. I mean the ways in which people

are working are changing. And I think,

you know, if if you're if you're closed

off to that, um, that could potentially

leave you behind. And I think, you know,

as a someone who has to be a steward of,

you know, Figma's capital, I want to

make sure that we're putting it in the

right places, uh, and we're creating

opportunities for us to be efficient

over time.

>> Awesome. Awesome. Uh, going back to, uh,

zooming out a little bit, going back to

like Figma overall as a business. Um,

what do you think about like the TAM?

You know, obviously design is everything

now. What are the upcoming um areas that

you see as like the most um the highest

areas of growth right now moving

forward?

>> Yeah. Yeah. So I mean when we're going

through the go public process, we

identified a TAM of about $33 billion.

And we started there by saying okay well

what are the personas that are in and

around the product development process

that we can serve with the tools that

we've created. And that's already

changing. Uh you know about twothirds of

our users today are non-designers. About

a third of our users are are are

designers. And then you know the the

about 30% are developers. So we sit

today with about a onetoone split

between designers and developers on

platform. But we know that there's way

more developers out there in the world

to everyone designer. And right now

we're very much focused on you know

through products like dev mode through

our MCP server where we can meet meet

folks exactly in in the tools that

they're operating. How can we do a

better job of serving a wider range of

you know that that developer suite. Um

you then think you then take a product

like Figma make where um you know in

In a prior life, a PM would need to work

with a designer and developer as their

as their hands um to say, "Hey, take

this idea that I have and let's

prototype something." Um but in the

context of Figma make um what we're

seeing is, you know, folks are being

able to save time um what would have

taken, you know, a couple weeks or weeks

could actually be now done in in days

and that and that PM can actually go and

express their ideas in new ways. Um and

you know our focus right now uh is very

much going deep within the existing

customers that we have and showcasing to

them you know there's a much broader set

of things that we can uh we can solve

for them. Uh and as the as roles

continue to blur between between you

know a PM a designer a developer and all

sorts of all sorts of folks we think

that we can be that that tool of

ubiquity that that brings them all

together in the same way that you know

Excel is not just a tool that's used by

finance professionals or accountants.

It's anyone who has some who's trying to

make a list or, you know, manage the

household budget. We think that there's

going to be use cases with Figma where

you're going to want to be able to

communicate visually, design an

experience, um, craft a UI, and and that

that's just going to be part of the, you

know, the visual language that we all we

all um are are going to want to

communicate around.

>> I mean, you bring up the Excel point.

I've seen people use Excel in the most

insanely creative ways. It's it's it's

crazy. So I I can see what you if if

people can do that with Figma like the

TAM is just astronomical. you you should

definitely play around or take a look at

some of the community plugins and

community files that people have built

and you know the we've actually we

actually even ran like a make hackathon

recently where we said okay anyone and

everyone has the ability to go and um

create something in Figma and we'll and

we'll come back and say okay what what

are some some unique things that people

have have put together that were you

know handwritten poems that that um

people were or handwritten poem creator

that someone u built there was uh you a

whole variety of games that people were

able to create

>> games.

>> Yeah. Yeah. I mean, like the, you know,

the Figma platform is extremely powerful

and I think, you know, the more that

folks are able to to visualize and see

what's what they can do, it's uh it's

it's it's pretty it's pretty creative

what people are able to come up with.

>> Yeah, I'm I'm a noob. I'm using it for

just basic stuff, but now I'm inspired

to try like, you know, you utilizing it

for other stuff. I'm going to I'm going

to check it out for sure. Um I want to

ask a quick question about um the M&A.

You guys announced Figma announced that

that uh that M&A is going to be a

critical part of the growth strategy and

I think there was a couple big

acquisitions recently uh modify which is

a vector graphic startup and a uh and

Payload which is a content management

system. Just curious to get your take on

how you guys approach M&A if there's

like a checklist of of certain things

you guys want to see uh before you

approach a company for acquisition.

>> Yeah, you know, I mean I think there's

there's got to be a variety of things

that are true for us. One, it's it's got

to be a fantastic team, fantastic

product. Like, that's kind a fantastic

business. That's kind of like a

no-brainer. Um, two, they've got to be

culturally additive for us in in some

way, you know, or, you know, there's got

to be some alignment um so that there

we're not going to have organ rejection

when when when push comes to shove

there. And then three, it's got to be

something that can be a top priority for

us. It doesn't necessarily need to have

been the top priority, but it's got to

be the top one of the top priorities of

our team moving forward in order to

ensure its success. And if those

criteria criteria aren't met, then you

know we got to think a little bit harder

about you know is this the right thing

for the business to do at this time

because you know the anecdotes are is is

most M&A actually doesn't necessarily

work out the way that you had originally

planned. And so um I'd say that we're

learning on that right now. We're making

sure that we we've built the teams and

the infrastructure to be able to digest

um you know digest stuff in a more

thoughtful way. Um, but I think it's an

interesting time to to be in the

position we are because there there are

a bunch of really interesting businesses

that are are catching flight and and we

want to make sure that you know that

there's an opportunity for us to capture

lightning in the bottle in some way or

you know leverage the large scale

distribution motion that we have about

you know 95% of the Fortune 500 are

using the platform already today. we

should do that and um you know I think

we we benefit from a strong balance

sheet from a you know the core

fundamentals of our business that give

us the flexibility to do this and you

know we don't take that we don't take

that lightly.

>> Speaking of the strong balance sheet I I

have to ask um so I was creeping on your

LinkedIn to prepare for this uh

interview and I saw that you became CFO

of Figma in the summer of 2022. Uh I

think shortly after a company called

Adobe made a $20 billion acquisition

offer to to buy the company famously

fell through. We don't have to get into

that. Uh what was going on as you were

handling all that? And my main question

is how does it work when it comes to

collecting the breakup feed? Do you just

like email over uh a wire information or

do you get that in installments? I'm

really curious how it works from the

outside. Like how does that work?

>> Yeah. Um well I mean on the break point

yes it is it's uh at the end of the day

there's a legal agreement you sign that

legal agreement it's binding and um if

all if all the things are checked and

you know money is owed in the right ways

and so um uh you know yeah I mean I I

remember getting a ping from someone on

our accounting team being like hey the

number hit and here's a screenshot and I

was like oh wow that's a big number. Um

the uh but yeah no jokes aside it was an

interesting interesting sort of you know

experience to work through. I you know I

learned a ton I think extremely highly

of that Adobe team. there. Um I mean

they've built a world class worldass

business and you know the executives

there are just you know extremely

extremely bright and thoughtful and um

for the you know whatever it was 16 odd

months that we spent together. I uh I

grew a lot of respect for what what they

what they put together and what they

built. And um I think one of the things

that was true for us is we we knew that

um you know the way that we were

structuring this acquisition we were

going to continue to be Figma. um there

was excitement and around the brand and

you know the vision and you know the

direction that we were going within and

so we were able to communicate that

transparently to our team. Um and so a

lot of a lot of stuff didn't necessarily

change. We kept our foot on the gas

throughout and um you know deal or no

deal. We we had to continue to run and

you know coming out of that we launched

dev mode. We go through a um we continue

to grow our team and you know a year and

a half later we end up as a public

business. And so I I I look back at the

time fondly because I learned a lot. Um,

but I I I'm very much excited to have

clarity today and and the ability to

control our own destiny right now.

>> Must have been a roller coaster, but I

think it worked out pretty well for for

everyone. Uh, we only got a couple more

minutes left. I just want to end with a

with a couple lightning round questions.

Um, what was what was more stressful,

the IPO week or your first earnings

call?

>> Uh, IPO week.

>> Is is there like a certain um cadence

you have to practice for the earnings

call? cuz I feel like they just like

purposely dole it down like the tone

just so because they just want to get

through it like executives. Is that like

on purpose or or is that just uh am I

just crazy?

>> Um yeah, I mean it's it's one set of

conversations that end up happening. You

end up having you know deeper callbacks

not just with uh the analysts but a

whole set of investors as well. So it's

the beginning of a you know a marathon

in in in the in the call itself. They

should just be some sort of like podcast

that instead of earnings calls like

because you could just spice, you know,

spruce it up a little bit, make it more

exciting. Um, we're trying we're trying.

We'll take your feedback anytime. So,

take a look at take a look at what we

did last time. We'd love we love any any

feedback you have.

>> I'll definitely email you. Um, what is

what do you think is the Figma's most

underrated uh underrated feature?

>> Oh, interesting. Um

well, some of the ones that like my team

uses quite a bit as we use Fig GM in the

same way that you're describing to run

all of our meetings, all of our

cadences. And so, um uh and I'm someone

who doesn't really do well with a blank

canvas. And so, you know, being able to

describe uh to to you know, we have like

a a basic AI AI tool that can go and

create a template for you or design the

experience that you want as you're kind

of working through something. I find

that extremely helpful. And then we have

an ability to, you know, summarize and

categorize all the stickies and thoughts

from from the conversation. So, that's

always been really a really helpful tool

for me.

>> Yeah, Fig Jam is awesome. I meant to ask

you this um just a second ago. Would you

be in favor of moving to a semianual

earnings uh reporting versus the

quarterly that we have right now? I know

the SEC is looking into it. Do you have

any opinions on that?

>> Um, I mean, I I you know, I I I have no

issues with that. I uh you know there

there is a lot of work that goes through

preparing uh for a quarterly um for a

quarterly earnings call. Uh at the end

of the day it's about you know being

able to continue to to um showcase

progress to the investor community and

be able to um be transparent where

possible. And so you know I'm all for

the right amount of transparency. But um

you know living on the side of preparing

for it there is a fair amount of work

that goes into it.

>> Listen man, if you guys move to a

semiannual podcast like like us, we're

going to be in trouble. So, I might be

emailing you for a job if we move to

semianual. La, last question. Last

question. Um, we were chatting before

the before the interview that you were

from Toronto. Um, Raptors fans, so if

you're watching the video version, he

has the the famous shot of Kawhi Leonard

in 2019.

>> Game seven against the 76ers. Philly

fans, please turn off the feed. Um,

are you a Blue Jays fan?

>> I am. I got I got until what, a couple

more hours till game.

>> Okay, perfect. Perfect. Good luck for

the to the Blue Jays. And do you think

the Raptors will make the playoffs this

year?

>> They're looking good. I mean, have you

watched a couple of the preseason games?

They they

>> I haven't watched the preseason yet.

>> Uh I I don't know if I should care about

it, but or or you should care about it

rather, but uh I think they're looking

good. They're looking hot.

>> I It look I mean couple last couple

years haven't been so great, but uh they

got some good talent now. I'm I'm I'm a

Rockets fan, so I'm just I'm super hyped

for the the upcoming season, so I can't

wait. Um Pier, thank you so much for

your time. This was a this was a fun

conversation and and hopefully you can

hop on again soon and maybe we can talk

about how to how to make the earnings

call a little bit more lively, you know.

>> Love it. This was a lot of fun. Good to

see you.

>> Appreciate it. Thank you. Well, all

right guys, hope you enjoyed that

conversation with Figma CFO Pavier

Melvani. You know, I'm going to be

keeping my eye on Figma to see where

they go now that some of the post IPO

hype has worn off. Let me know in the

comments of what you guys thought about

the interview and if there was a

question that you wish that I had asked

in case we get Previer back on in the

future. Now, we've had some great guests

come on the podcast recently and that

wouldn't be possible without you guys

listening to the podcast and engaging

with the podcast. So, thank you guys so

much for all the support. And if this is

your first time listening, just an FYI,

we post a new episode every day during

the week breaking down the stock market,

crypto, and corporate drama. And with

earning season kicking into gear, it's a

great time to subscribe to the podcast

if you haven't already. Thank you guys

again for listening, watching, and

commenting. Shout out to Mike and Connor

for all the work behind the scenes, and

we'll see you guys back here on Monday.