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Why Index's Danny Rimer bet on Figma and Dylan Field at the seed stage [Fortune]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Field gave a presentation to the startup's board, self-assuredly outlining his research about the features users loved and which ones flopped. Rimer, a partner at Index Ventures since 2002, remembers it very clearly. “What was interesting was not only did he do a very good quantitative job of figuring out what features made the most sense, but the way he presented it was incredibly visually appealing and original,” Rimer told Fortune . “I remember him as an 18-year-old and thinking: ‘Wow, this person has a unique, compelling way of conveying information.'” Rimer met Field again shortly thereafter, as Field was looking to raise a seed round for Figma. It was 2013, and the biggest tech IPO that year was Twitter, and there wasn't necessarily optimism about design as a market. Field also wasn't in a rush to put out a product. “Here was this 19-year-old, who had a lot of clarity about what he wanted to do—democratize the world of design, and provide tools to everyone,” said Rimer, a
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