Canva, the popular graphic design tool, has reportedly been considering an IPO in 2025. While there are no concrete plans yet for the IPO, the company continues to attract interest from investors.
On Sunday, some in the tech world were focused on a bizarre performance at a recent Canva event in Los Angeles. The routine featured a hip-hop song and dance that praised Canva and compared it to Lin-Manuel Miranda’s musical “Hamilton.”
The performance featured a singer and six backup dancers showcasing the virtues of Canva, with a hypothetical chief information officer challenging the first singer on the capabilities of the design and editing app. The video of the performance went viral on social media and drew mixed reactions from users. Some pointed out the similarities to “Hamilton,” while others found the routine cringeworthy.
Early Canva investors and employees recently made $1.6 billion on a share sale that valued the startup at $26 billion. This sale indicated strong interest in the company’s shares as they consider a potential IPO in the future. Despite the speculation and excitement around a potential IPO, no firm date has been set for when Canva will go public.
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