Figma, how should I put it, I don't understand why its market value can reach 50 billion, so I just bought a PUT option expiring on September 19.

First of all, most internet product managers start as designers, and the tools they can use are either Axture or domestic tools like Modao or Mockplus. To be honest, it’s already impressive that collaborative tools for internet designers can attract investment; of course, I have used Figma, and it does allow UI-PMs to collaborate efficiently. However, compared to other collaborative tools, it’s quite absurd that an industry leader is worth 50 billion dollars.

But the recent IPOs in the US stock market have had a strong wealth creation effect, and hitting 50 billion is indeed amazing. I really can't understand it and can only say it is overvalued by too much. I've bought the PUT option and don't plan to touch it. I'll see how things go with the big fluctuations.