How a 32-year-old turned a high school yearbook idea into a $3.2 billion business

  • 📰 CNBC
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

It’s one thing to start a company. It’s quite another to start one that competes with tech titans like Microsoft and Adobe. (via CNBCMakeIt)

to pitch her idea. Just hours later, the legendary venture capitalist, clearly impressed, was connecting her with his contacts.

"Every time he would say how was my business going, he'd also be like 'how's your kitesurfing going?'" Perkins recalled. "But yeah, decided to give it a go because when you don't have any connections, you don't have any network, you just kind of have to wedge your foot in the door and wiggle it all the way through."The new skill served her well. Before long, the young couple was winning over major investors and building out Canva's design platform with a fast-growing team of tech engineers.

Months later, at the close of their first funding round, the company was oversubscribed. That initial $1.5 million investment was even matched by the Australian government in a bid to keep the company on Aussie shores.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MakeIt She didn't do it with welfare and a basement couch in her mom's house decrying hard work and capitalism. ;)

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines