Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)
Figma's IPO is expected to price tonight, creating fortunes for venture capitalists and employees.
But the largest selling stockholder isn't Index Ventures or Greylock — it's a nonprofit.
Driving the news: The Marin Community Foundation (MCF) plans to sell 13.4 million shares in the IPO, which would be worth nearly $430 millionat the top end of Figma's $30-$32 per share price range.