Canva’s backers cut $7.1bn from its valuation, and its own valuer cut more
Emma Rapaport and Paul Smith reported the markdown for the Australian Financial Review on 14 August. The figure appears two ways and both are correct. It is $7.1bn in US dollars, and A$10bn, which is the number most headlines carried. The cut takes Blackbird and Airtree’s mark from $42bn to $34.9bn, a drop of 17%. […] This story continues at The Next Web
Record details
Published: 14 August 2026
Source: The Next Web AI
Category: News
Topics: Finance, VC & PE
Retrieved: 15 August 2026
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How to cite this record
ethics.ai (14 August 2026), “Canva’s backers cut $7.1bn from its valuation, and its own valuer cut more,” evidence record 19597, https://ethics.ai/record/19597 (originally published by The Next Web AI).
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