News Summary

Kleiner Perkins, a major venture capital firm, has had a highly successful week marked by two significant IPOs. The firm was a major investor in Figma, which saw its shares climb dramatically from the initial IPO price. Kleiner Perkins sold a significant number of shares at the IPO and still holds a substantial stake worth over $6 billion. Additionally, Ambiq Micro, another Kleiner-backed company, also completed its IPO, raising $96 million. Kleiner Perkins holds a notable stake in Ambiq, valued at approximately $91.3 million. This successful week is further highlighted by Kleiner’s involvement in Google’s recent acquisition of Windsurf technology, which provided a substantial return on investment. The firm is also preparing for a potential IPO of Motive Technologies, a fleet tracking startup that recently raised $150 million.