YOU FUCKED UP WHITE BOY!- Sequoia Partner Maguire's Posts on Mamdani Spark Founder Petition A growing list of startup founders are circulating an open letter to Sequoia Capital urging the prominent venture capital firm to take action against one of its partners, Shaun Maguire. The letter, which had more than 520 digital signatories as of Monday afternoon, follows a July 4th post on X in which Maguire referred to New York City mayoral candidate Zohran Mamdani as an “Islamist.” Maguire, an avid X poster best known for his investments in SpaceX and xAI, claimed in the controversial X post that Mamdani “comes from a culture that lies about everything” and is willing to lie “if it advances his Islamist agenda.”
IS IT A FIGMA OF OUR IMAGINATION... A SOFTWARE IPO THIS MIGHT BE WORTH PUTTING IN FOR! Figma Heats Up Summer IPO Market Amid Software Listing Drought Charlie Miner, senior analyst at research firm Third Bridge, said the design software maker’s 46% year-on-year increase in first-quarter revenue, as well as high customer retention rates and gross margins, should see investors value the company alongside the top rung of the enterprise software sector. With 13 million monthly active users, Figma generated $821 million of revenue in the 12 months ended March 31 and would top $1 billion of annual revenue this year at its current growth rate.