Bye-bye Photoshop - you're a nightmare. We said catchya to Microsoft Paint in year 3. Now, it's hello Canva.
Background: Canva is an Aussie-born software design startup, that has essentially revolutionised visual communications. Bye-bye Photoshop - you're a nightmare. We said catchya to Microsoft Paint in year 3. Now, it's hello Canva.
What happened: Canva helps rookies like you and me actually make legit looking social media posts or presentations. It launched back in 2013, and 8 years on, it has 60 million users globally.
What else: Canva's just raised another US$200 million, taking its valuation to a whopping US$40 billion (or AU$55 billion). That's double the company's valuation from April 2021. Now, founders Mel Perkins and Cliff Obrecht have shares worth a lazy US$12 billion...But they've committed to donate the majority of it to charities through a new Canva Foundation.
💡More and more, founders and business leaders are using their wealth as a force for good.
💡This really kicked off in 2010 when Bill Gates and Warren Buffett started the Giving Pledge, which aimed to inspire wealthy people around the world to give at least half of their money to charities.
💡Since then, we've seen a number of younger entrepreneurs commit as well - like Twitter CEO Jack Dorsey, Sara Blakeley (founder of Spanx) and now Canva founders Mel and Cliff.
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