Design platform Canva has revalued itself at $65 billion, up 14.5% on just six weeks ago, as employees look to sell their stakes in a secondary share sale. The confirmation from cofounder Cliff Obrecht came after news leaked earlier this week that VC investors Blackbird and Square Peg had increased the valuations to $US42 billion… Read more »
Mable – think Airtasker for aged care and disability support workers – is hoping to become a unicorn 11 years after its founding if it find a buyer willing to pay $1 billion. The Australian’s DataRoom reports that the gig economy platform has put up the For Sale sign with a 10-figure price tag, even… Read more »
The core of negotiation is about navigating uncertainty, and if you’re in the world of startups, uncertainty is something you’ve already embraced. Unlike traditional business owners with proven business models, products, and services, you’re operating in a space where creativity and adaptability are fundamental to your success. You’re invested in your business on every level,… Read more »
Kantar BrandZ Top 40 Most Valuable Australian Brands top US$125bn in brand value Banks (37%) and Retail (24%) are the dominant categories in the Top 40 Australians are rewarding brands that are meaningful and relevant Design platform Canva is now the country’s second most valuable brand, behind the Commonwealth Bank of Australia, according to the… Read more »
Australian design giant Canva has a staggering new valuation of US$15 billion (A$19.6bn) following a fresh US$71 million (A$93m) investment. That figure more than doubles the company’s last A$8.7 billion valuation in less than 12 months following an A$87 million raise in June 2020. In just 18 months, the privately-owned design startup has more than… Read more »
We’ve all seen startups on the TV show “Shark Tank” eaten alive by potential investors for seemingly outrageous valuations. Often their pitches take an even more unforgiving turn when founders are unable to validate their numbers. But coming up with an attractive yet sensible valuation that appeals to investors is no mean feat. Of… Read more »
Daniel Faloppa and Gianluca Valentini, based out of The Netherlands, realised that, with the help of technology, company valuations could be done a better way. With Equidam, founders can see their entire financial report boiled-down to one index: business valuation.
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