What happens when a 19-year-old girl decides to challenge Microsoft and Adobe?

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You get Canva, a $15 billion startup loved by millions of users worldwide.

You also get Melanie Perkins, the billionaire founder and CEO of Canva.

And most importantly, you get an inspiration for so many young women around the world to follow their dreams.
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Melanie got the idea for Canva at the age of 19. At that time, she was teaching a design course.

As part of that course, she had to teach students how to use Adobe and Microsoft design tools. These tools were very complex and hard-to-understand.
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That's when she thought- why not make a simple design tool that anyone can use?

“The idea of making design really simple was the first idea” she said in an interview recently.

So, she teamed up with her boyfriend(now husband) Cliff Obrecht and started working on this idea.
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Earlier, they called it Canvas Chef. Thank god they realized it was a bad name, so they changed it to Canva.
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Canva had a bad start- hardly anyone signed up for it. People thought it was a bad idea.

Investors refused to fund her startup because they thought it was a bad idea.

People refused to work for her startup because they thought it was a bad idea.
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But Melanie believed in her idea. So, she persevered through these difficult times.

Her belief was right. Even though it had a slow start, Canva shot to 50,000 users by the end of the first month.
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After hearing "no" from 100s of investors, the company got its first funding for $3 million in 2013.

From that point on, she hasn't turned back.
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Of course, new challenges emerged along the way. Adobe launched its Canva-copycat called Spark. New startups like Figma and Sketch dominated adjacent design markets.
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But the company hasn't stopped innovating. They have launched new products like Canva Enterprise and Canva Video Editor.

Today, Canva is a $15 billion giant with 55 million users in 190 countries and $500 million in revenue!!
Follow @shreyans512 for more insights like this🙌🏻

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More from @shreyans512

23 Sep
In 2010, a Zoho employee called Girish Mathrubootham read a comment on the internet that led him to quit his job and start his own company.

Today, his company is a $12 billion SaaS giant called Freshworks which just had a blockbuster IPO.

This is their incredible story👇👇
Girish joined Zoho as a pre-sales engineer in 2001. He rose rapidly in the company and was a VP of Product Management in 2010.

Around that time, a company called Zendesk increased its prices by 60-300% and people were very angry.
A person wrote a comment on HackerNews that another company can easily capture Zendesk's market at the right price with the right product. Image
Read 12 tweets
22 Sep
Celebs teaching courses? Celebs recording personalized videos? 2-minute video call with celebs?

These are bad ideas, right? Celebs don't have time for this kind of stuff. Plus, their fans won't pay for these things.

So why are Masterclass and Cameo so successful?🤔

A thread👇
Both of them are multi-billion dollar startups💰💰

Both of them have millions of dollars in revenue💸💸

Both of them have hundreds of celebrities on their platform💎
On Masterclass, celebs teach courses. Like Penn&Teller teach magic. Natalie Portman teaches acting. Dan Brown teaches writing.

On Cameo, you can pay celebs like Kevin O'Leary or Snoop Dogg a few hundred dollars, and they will record a personalized video message for you.
Read 9 tweets

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