(NYSE: FIG ) employees who spent a decade building the design software giant officially saw their paper fortunes evaporate this week as the company's 180-day post-IPO lock-up period expired, leaving staff to liquidate shares at a fraction of their peak value. The Great Reset The expiration of the lock-up period on Jan. 27 marked a somber milestone for the San Francisco-based firm. While Figma's July 2025 debut was viewed as one of the hottest tech offerings of the year, surging 250% on its first day to reach a staggering $143. 45 per share, the subsequent six months have been a relentless downward slide. For many early employees, the 180-day waiting period acted as a legal barrier to life-changing wealth. “Imagine being a Figma employee who waited a decade for the IPO only to have a 180-day lock-up that ended last week,” noted one viral post on X from Rebound Capital, highlighting the irony of the timing. Market Pressures, AI Fears The collapse in valuation follows a series of analyst ...