Agency Based Discussion > Canva

Canva raises $6 million

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Jo Ann Snover:
The key difference is that everything in Canva is done via any browser and doesn't require much expertise to get a decent finished product

In Design has bucketloads of features but Adobe's light years away from actually being apps in a browser (no downloads required)

I think the frothy nonsense over the citizen journalism companies will waste lots of investor money, but Canva has a shot at being something new and different (and successful)

Holmes:

--- Quote from: Jo Ann Snover on June 09, 2015, 21:24 ---The key difference is that everything in Canva is done via any browser and doesn't require much expertise to get a decent finished product

In Design has bucketloads of features but Adobe's light years away from actually being apps in a browser (no downloads required)

I think the frothy nonsense over the citizen journalism companies will waste lots of investor money, but Canva has a shot at being something new and different (and successful)

--- End quote ---

I wish them the best and perhaps they will get traction. So many of these browser-based apps fizzle. Adobe is trying to force that concept with a lot of push back. Anyone serious about desk top publishing can learn functional inDesign online in about 20 hours. Or a company can freelance it out fairly cheaply.

Perhaps it will be a threat to inDesign and Adobe will buy it and kill it. I assume they have a real world marketing plan... but few do.

MichaelJayFoto:

--- Quote from: Holmes on June 09, 2015, 20:19 ---I owned a technology marketing  firm during all the dot com, pump-and-dump period of the late 1990s and early 2000. So when I see all these VCs throwing money at another startup with a poor man's inDesign, well... I can't help but think... "here we go again."

the "YOU" is a metaphoric directed toward the investors still chasing questionable dot com start ups with no clue how to monetize it.
--- End quote ---

In a way, I can relate to those sentiments, seeing how many companies are getting funding these days. Then again, $6 million is a rather decent amount for a startup that already has a product and customer base. If it was 1999, I would guess a company like that would already have their IPO at this stage and get $150 million or more from selling their stocks at the market.

KnowYourOnions:
Pond5 also got huge funding a year ago...and we haven't seen much change/improvement there, apart from swanky new NY office and new Directors, VPs, CXX titles deployment ...
P5 sales are going down, so no guarantee that funding brings success to all. Ok, maybe to founders ....

Time will tell! 8)

Congrats to Canva!

Mantis:

--- Quote from: KnowYourOnions on June 10, 2015, 02:09 ---Pond5 also got huge funding a year ago...and we haven't seen much change/improvement there, apart from swanky new NY office and new Directors, VPs, CXX titles deployment ...
P5 sales are going down, so no guarantee that funding brings success to all. Ok, maybe to founders ....

Time will tell! 8)

Congrats to Canva!

--- End quote ---

I am not on Canava because my work sucks, but I wish them the very best, too.  But I was thinking the same thing about P5.  I haven't "noticed" a single benefit, but it doesn't mean it's not there. I was hoping that some of that money would go to marketing.  Personally I'm not seeing it.  But I am keeping my hopes up.....using that as zero percent of my strategy, but hoping nonetheless.

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