Lenny's Podcast: Product | Career | Growth
Lenny's Podcast: Product | Career | Growth
Lenny Rachitsky
Figma’s CEO: Why AI makes design, craft, and quality the new moat for startups | Dylan Field
1 hour 26 minutes Posted Oct 16, 2025 at 11:03 am.
Dylan Field is co-founder and CEO of Figma, a beloved tool used by every modern product team. Founded in 2012, Figma has expanded from a single design tool to a comprehensive platform including FigJam, Slides, Dev Mode, and, most recently, Figma Make. After a $20 billion acquisition by Adobe fell through due to regulatory pushback, Dylan led the company to a successful IPO in 2025.What you’ll learn:• How Dylan kept internal morale up after the Adobe acquisition fell through• His approach to maintaining pace and a sense of urgency 13 years in• How to systematically develop taste• How Figma decides which product lines to add• Why Dylan obsesses over “time to value”• How AI is making design more valuable—Brought to you by:Stripe—Helping companies of all sizes grow revenue—Transcript: ⁠https://www.lennysnewsletter.com/p/why-ai-makes-design-craft-and-quality-the-new-moat⁠—My biggest takeaways (for paid newsletter subscribers): ⁠https://www.lennysnewsletter.com/i/175569466/my-biggest-takeaways-from-this-conversation⁠—Where to find Dylan Field:• X: https://x.com/zoink• LinkedIn: https://www.linkedin.com/in/dylanfield/—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• X: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—In this episode, we cover:
Introduction to Dylan Field
The Adobe deal fallout
Maintaining team morale post-deal
Strategies for sustaining high performance
Maintaining Figma’s unique company culture
Dylan’s leadership evolution
How to improve clarity as a leader
The controversy behind FigJam
Lessons from expanding Figma’s core product line
Time-to-value
Introduction to Figma Make
AI app prototyping and the future of Figma Make
Lessons from Figma’s AI product launch
The importance of craft
Developing good taste
The future of product development
Why AI won’t steal your job
AI corner
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Show notes
Dylan Field is co-founder and CEO of Figma, a beloved tool used by every modern product team. Founded in 2012, Figma has expanded from a single design tool to a comprehensive platform including FigJam, Slides, Dev Mode, and, most recently, Figma Make. After a $20 billion acquisition by Adobe fell through due to regulatory pushback, Dylan led the company to a successful IPO in 2025.What you’ll learn:• How Dylan kept internal morale up after the Adobe acquisition fell through• His approach to maintaining pace and a sense of urgency 13 years in• How to systematically develop taste• How Figma decides which product lines to add• Why Dylan obsesses over “time to value”• How AI is making design more valuable—Brought to you by:Stripe—Helping companies of all sizes grow revenue—Transcript: ⁠https://www.lennysnewsletter.com/p/why-ai-makes-design-craft-and-quality-the-new-moat⁠—My biggest takeaways (for paid newsletter subscribers): ⁠https://www.lennysnewsletter.com/i/175569466/my-biggest-takeaways-from-this-conversation⁠—Where to find Dylan Field:• X: https://x.com/zoink• LinkedIn: https://www.linkedin.com/in/dylanfield/—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• X: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—In this episode, we cover:(00:00) Introduction to Dylan Field(03:58) The Adobe deal fallout(05:50) Maintaining team morale post-deal(09:13) Strategies for sustaining high performance(13:37) Maintaining Figma’s unique company culture(16:22) Dylan’s leadership evolution(21:03) How to improve clarity as a leader(24:40) The controversy behind FigJam(31:06) Lessons from expanding Figma’s core product line(39:32) Time-to-value(45:14) Introduction to Figma Make(48:26) AI app prototyping and the future of Figma Make(53:38) Lessons from Figma’s AI product launch(57:47) The importance of craft(59:54) Developing good taste(01:05:35) The future of product development(01:10:32) Why AI won’t steal your job(01:14:37) AI corner(01:18:32) Lightning round and final thoughts—Referenced:• Dylan Field live at Config: Intuition, simplicity, and the future of design: https://www.lennysnewsletter.com/p/dylan-field-live-at-config• Figma: https://www.figma.com/• Adobe: https://www.adobe.com/• Vision, conviction, and hype: How to build 0 to 1 inside a company | Mihika Kapoor (Product at Figma): https://www.lennysnewsletter.com/p/vision-conviction-hype-mihika-kapoor• Notion’s lost years, its near collapse during Covid, staying small to move fast, the joy and suffering of building horizontal, more | Ivan Zhao (CEO and co-founder): https://www.lennysnewsletter.com/p/inside-notion-ivan-zhao• $46B of hard truths from Ben Horowitz: Why founders fail and why you need to run toward fear (a16z co-founder): https://www.lennysnewsletter.com/p/46b-of-hard-truths-from-ben-horowitz• FigJam: https://www.figma.com/figjam/• Cursor chat: https://help.figma.com/hc/en-us/articles/4403130802199-Use-cursor-chat-in-Figma-Design• Figma Slides: https://www.figma.com/slides/• Figma Sites: https://www.figma.com/sites/• Figma Buzz: https://www.figma.com/buzz/• Figma Draw: https://www.figma.com/draw/• Figma Design: https://www.figma.com/design/• Dev Mode: https://www.figma.com/dev-mode/• Figma Make: https://www.figma.com/make/• Zach Lloyd on X: https://x.com/zachlloydtweets• Warp: https://www.warp.dev/• Dylan’s post on X about Figma on an AI product leaderboard: https://x.com/zoink/status/1968588014935801884• Kurt Cobain: https://en.wikipedia.org/wiki/Kurt_Cobain• Damien Correll on LinkedIn: https://www.linkedin.com/in/damiencorrell/• Marcin Wichary on LinkedIn: https://www.linkedin.com/in/mwichary/• Loredana Crisan on LinkedIn: https://www.linkedin.com/in/loredanacrisan/• Amber Bravo on LinkedIn: https://www.linkedin.com/in/amberbravo/• Figma’s 2025 AI report: Perspectives from designers and developers: https://www.figma.com/blog/figma-2025-ai-report-perspectives/• Jevons paradox: https://en.wikipedia.org/wiki/Jevons_paradox#Energy_conservation_policy• AI prompt engineering in 2025: What works and what doesn’t | Sander Schulhoff (Learn Prompting, HackAPrompt): https://www.lennysnewsletter.com/p/ai-prompt-engineering-in-2025-sander-schulhoff• Pantheon: https://www.imdb.com/title/tt11680642/• Retro: https://retro.app/• Thiel Fellowship: https://thielfellowship.org/—Recommended books:• Understanding Comics: The Invisible Art: https://www.amazon.com/Understanding-Comics-Invisible-Scott-McCloud/dp/006097625X• The Spy and the Traitor: The Greatest Espionage Story of the Cold War: https://www.amazon.com/Spy-Traitor-Greatest-Espionage-Story/dp/1101904216• Codex Seraphinianus: https://www.amazon.com/Codex-Seraphinianus-Anniversary-Luigi-Serafini/dp/0847871045Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.—Lenny may be an investor in the companies discussed.My biggest takeaways from this conversation: To hear more, visit www.lennysnewsletter.com