Figure runs $100M employee tender, Brett Adcock says
Adcock framed the secondary as a retention and hiring tool as Figure pursues general robotics.
By Ryan Merket · Published
Why it matters
Large employee tenders signal a push to recruit and retain scarce engineering talent by offering liquidity while staying private. At $100M, the scale underscores Figure's hiring focus and confidence in its trajectory.
Brett Adcock (@adcock_brett) said in a thread on X that Figure has completed a $100 million employee tender, providing liquidity to employees while the company remains private.
https://x.com/adcock_brett/status/2060431765572096052
The announcement came with a reminder of the mission: "To solve general robotics, we need the best engineers on the planet and as a private company I'm glad to be providing liquidity along our journey," Adcock wrote on X. He described Figure as focused on general robotics in the post.
In a follow-up reply, after a prompt from ghost of ai future (@GenAIDL), Adcock added that the move is "super important for both retention as well as hiring."
Adcock did not share additional terms of the tender in the thread, but positioned the program as part of a broader push to attract and keep top technical talent as Figure scales its robotics work.
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