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Analysis

Canva, dreaming of being a Google, moves closer to an IPO

The online-design juggernaut is introducing Google and Microsoft copycat products, but will need to go public to reach its growth goals.

Aaron Patrick
Aaron PatrickSenior correspondent

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Melanie Perkins wouldn’t stop smiling. Husband Cliff Obrecht disrupted his straight guy image by dropping a few jokes. Partner Cameron Adams relied on props, and crowd support from staff.

The three Canva co-founders held a rare press conference on Tuesday, which was embargoed until Wednesday afternoon, when news of the online-design juggernaut’s new Google and Microsoft copycat products were revealed at a company-wide presentation that combined as a staff dress-up day.

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