Like large companies, simplifying complex matters makes billions in a moment in where millennials have felt the complexity of programming tools, this couple made simplifying this problem their life plan and made billions of dollars.
While teaching part-time design programs in 2008 while at the University of Perth, in Australia, Melanie Perkins was frustrated with “complicated” desktop tools. He was trying to help his students understand.
“Facebook was taking off in 2008, people could easily log in and use it, but designing the tools took years of training to learn,” Perkins wrote. in a post on Medium in 2018. He added that he wanted to make the software simple, online and collaborative.
Perkins transformed that simple idea in a multi-billion dollar company, with its Canva company valued at $ 40 billion in the latter round last week’s loan, which gave Perkins, 34, her husband and co-founder Cliff Obrecht, a $ 40 billion valuation. -year-old has a fortune of $ 5.9 billion each, according to the Bloomberg Billionaires Index.
The last one round of funding has made Sydney-based Canva the fifth largest startup in the world, according to data from research firm CB Insights, and Perkins has also become the self-employed billionaire.made richest under the age of 40, and Canva’s investors include Franklin Templeton and Sequoia Capital global equities.
“We’re going in the right direction, but we’re not there yet,” the couple said in an interview last week.
Canva users have created more than 7 billion design, but Perkins is not satisfied with finding a design ready-made for everything, including replacing PDF resumes with responsive web-based tools.
She and Obrecht own at least 30% of the company, Perkins revealed in a post on Medium which accompanied the news on the company’s valuation.
Canvas is popular with bloggers, students, and marketers who can select templates and then customize them to create logos, resumes, flyers, or even T-shirt templates.
Its tools are used by over 10 million students and educators, as well as companies such as American Airlines Group, Zoom Video Conferencing, Skyscanner, Intel, Salesforce, PayPal, and Marriott International.
According to Perkins, Canva is on track to surpass $ 1 billion in annual revenue by the end of the year.
The couple’s new wealth places them ninth and tenth among Australia’s richest people, according to the Bloomberg Billionaires Index, reviewed by Al Arabiya.net.
While the fortunes of Australian billionaires have long been tied to the commodity industries prime, Perkins and Obrecht joined a group led by fellow technology founders Mike Cannon-Brooks and Scott Farquhar of developer software Atlassian.
Perkins also became the second richest woman in Australia after Gina Rinehart, 67, who has a net worth of $ 17.9 billion, derivative in much of it from the iron ore trade.
In his last post on Medium, Perkins promised that she and Obrecht would donate the vast majority of their Canva stock. The couple has in program to direct their donations through the Canva Foundation and announced a program with the non-profit organization GiveDirect to distribute $ 10 million to the poor in South Africa.
“It’s weird when people refer to us as billionaires because we never really felt for our money,” Perkins said. in a note. “We have always felt completely entrusted to him. It has always been our intention to give away riches.”
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