Figma sets terms in its upcoming initial public offering, and co-founder Dylan Field could net more than $60 million from selling his personal shares.

Design software maker’s offering being followed in Silicon Valley for signs the market is ready for more tech listings

The San Francisco-based design software company, together with some of its investors, plans to raise as much as $1.03 billion by offering nearly 37 million shares priced between $25 and $28 each, according to a statement released Monday.