Airtree Ventures uses the secondary market to slim down its stakes while waiting for its portfolio companies to exit.
Canva, the high-flying Australian design and visual communication startup, announced today it was acquiring Affinity (formerly Serif), a creative tools company based in the U.K. Bloomberg reported tha
Felicis, the 16-year-old Bay Area-based early-stage venture firm, has a reputation for investing globally. Indeed, firm founder Aydin Senkut — who spent a handful of years at Google as a product
The Q4 2023 earnings cycle will kick off this week with names like Intel and Visa reporting. The largest tech companies will start to report next week.
With Canva, generative AI hits different. In fact, it’s hard to imagine a better technology to boost Canva’s user growth and revenue generation.
Canva has been around since 2013, and has been a tremendously successful design platform, raising over $570 million and garnering 135 million users along the way. With that kind of traction, it makes
Listen here or wherever you get your podcasts. Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday s
Last summer, Blackbird, one of Australia’s largest venture operations, marked down the value of one of its most prized stakes, in the Sydney-based design platform Canva. Valued at $40 billion by
Canva is introducing a series of new features, including a suite of new AI-powered tools, along with additional highly-requested features.
Developing cutting-edge AI systems like ChatGPT requires massive technical resources, in part because they’re costly to develop and run. While several open source efforts have attempted to rever
Felicis, a now 17-year-old, San Francisco- and Menlo Park-based venture firm, is announcing today that it has closed its ninth flagship fund with $825 million, compared with the $600 million core fund
Canva, the online graphic design platform, launched Canva for Campus today, a new paid subscription for universities and colleges. The subscription gives students, professors, staff and campus adminis
A clutch of startups is trying to topple Adobe’s dominance in three-dimensional modeling and do more than Canva. A freshly funded player is PixCap, which is entering the fray with a no-code, we
Some startups saw their valuations decline in 2021's bull market, some were in line with the public market, and some haven't declined at all.
I love meeting startups that are making a tangible impact on the factory floor. While Shein applies a data-driven approach to improve efficiency for clothing manufacturing, Pacdora is doing something
News that Adobe will buy upstart design software unicorn Figma for $20 billion was the single largest event in startup land this week, a surprise upset over the Ethereum Merge coming to fruition.
Canva is further establishing itself as more than just a user-friendly graphic design tool. The Australian company announced at its Canva Create event that it will unveil a suite of new products to ro
If you haven’t found a technical co-founder or freelancer to build your MVP, here are four principles that will help in the meantime.
In a normalizing market like this one, once-inflated valuations can become a big problem, particularly for founders, employees and early investors.
Out of all features Apple announced at its Worldwide Developer Conference (WWDC) last week, a new addition to Apple’s Visual Lookup system — a feature where you can “pick up” an ob
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