{"id":83895,"date":"2025-08-21T02:35:10","date_gmt":"2025-08-21T02:35:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/83895\/"},"modified":"2025-08-21T02:35:10","modified_gmt":"2025-08-21T02:35:10","slug":"employees-at-australian-graphic-design-giant-could-become-overnight-millionaires","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/83895\/","title":{"rendered":"Employees at Australian graphic design giant could become overnight millionaires"},"content":{"rendered":"

E\ufeffmployees at Sydney-based graphic design giant Canva could become instant millionaires after the company achieved an eye-watering $A65 billion valuation.<\/p>\n

An email sent to staff reportedly informed “Canvanauts” \u2013 the nickname for Canva staff \u2013 will be able to sell up to $4.6 million of their vested equity in a share tender offer.<\/p>\n

\"CanvaCanva founders Melanie Perkins, Cliff Obrecht and Cameron Adams. (Supplied)<\/p>\n

Employees will be able to sell shares in a funding round led by Fidelity Management.<\/p>\n

\ufeffObrecht said the funding round was “significantly oversubscribed”.<\/p>\n

“We’re proud to be one of the most widely used platforms on the internet, with more than 240 million people designing with Canva each month,” said Obrecht said.<\/p>\n

“This round has been significantly oversubscribed, which is a huge testament to the incredible work of our team and the impact Canva is having around the world.<\/p>\n

“The overwhelming demand from both new and existing investors is a huge vote of confidence in our momentum and the scale of what still lies ahead. We really do believe we’re just 1 per cent of the way there, and that the best is yet to come.”<\/p>\n

The number of shares that may be sold remains unknown.<\/p>\n

The company also had a share sale in April last year which resulted in some staff becoming overnight millionaires.\ufeff<\/p>\n

It resulted in \ufeff$2.4 billion in shares changing hands.<\/p>\n

\"CanvaEmployees will be able to sell shares in a funding round led by Fidelity Management. (Canva)<\/p>\n

\ufeffCanva this week reached its highest-ever valuation of $65 billion after upgraded valuations from early investors Blackbird and Square Peg.<\/p>\n

This makes the internet start-up one of the most valuable ASX-listed companies.\ufeff<\/p>\n

Its new valuation edges Canva closer to fellow Australian-founded company Atlassian, which is valued at $67 billion.<\/p>\n

\"CanvaCanva staff could walk away with $4.6 million following an employee share sale. (Canva)<\/p>\n

The free online tool launched in 2013 and quickly became popular for creating social media graphics, promotional material, presentations and websites. \ufeff<\/p>\n

It began\ufeff as a humble start-up offering free templates for birthday cards and invitations.<\/p>\n

Canva said it now has over 240 million monthly active users\ufeff.<\/p>\n

Founders have described it as “one of the fastest growing AI products” after its AI tools were used more than 20 billion times.<\/p>\n

Canva is expected to float on the US stock exchange next year, meaning this share sale could be the company’s last as a private entity.\ufeff<\/p>\n","protected":false},"excerpt":{"rendered":"E\ufeffmployees at Sydney-based graphic design giant Canva could become instant millionaires after the company achieved an eye-watering $A65…\n","protected":false},"author":2,"featured_media":83896,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[449,458,459,64,63,460,134],"class_list":["post-83895","post","type-post","status-publish","format-standard","has-post-thumbnail","category-arts-and-design","tag-arts","tag-arts-and-design","tag-artsanddesign","tag-au","tag-australia","tag-design","tag-entertainment"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/83895","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=83895"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/83895\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/83896"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=83895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=83895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=83895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}