{"id":742126,"date":"2026-06-17T10:18:15","date_gmt":"2026-06-17T10:18:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/742126\/"},"modified":"2026-06-17T10:18:15","modified_gmt":"2026-06-17T10:18:15","slug":"canva-knocked-back-adobe-countless-times-now-it-has-ai-mania-on-wall-street-to-contend-with-capital-brief","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/742126\/","title":{"rendered":"Canva knocked back Adobe \u2018countless times\u2019. Now it has AI mania on Wall Street to contend with. \u2014 Capital Brief"},"content":{"rendered":"<p>The first seed investor in Canva has conceded in closed door talks that the wave of AI-related IPOs currently consuming Wall Street and the languid market performance of software stocks could complicate the Australian software company\u2019s long awaited plans for a public listing.<\/p>\n<p>In a recorded video session leaked to Capital Brief, Bill Tai, the venture capitalist who wrote Canva\u2019s first cheque at a USD3 million valuation, also revealed Canva had knocked back several acquisition attempts by its rival Adobe, and suggested Anthropic or another AI giant could look to acquire the company.<\/p>\n<p>Canva\u2019s highly anticipated IPO has been upended by the SaaSpocalyse sell off that has hit peer company Figma (down nearly 90% since its debut in mid-2025) and chief rival Adobe (down 49% over the past year).<\/p>\n<p>Now there are added concerns the <a href=\"https:\/\/www.capitalbrief.com\/newsletter\/ais-wide-open-8f3d63ae-6b85-426a-a4e7-bafd13bf5643\/\" target=\"_blank\" rel=\"nofollow noopener\">vast amounts of capital <\/a>being raised in the mega IPOs of SpaceX, Anthropic and OpenAI will make it harder for others to list.<\/p>\n","protected":false},"excerpt":{"rendered":"The first seed investor in Canva has conceded in closed door talks that the wave of AI-related IPOs&hellip;\n","protected":false},"author":2,"featured_media":742127,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,8417,87119,105],"class_list":["post-742126","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-canva","tag-enterprise-tech","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/742126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=742126"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/742126\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/742127"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=742126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=742126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=742126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}