Australian design software company Canva has announced today that it has secured a $US15 billion valuation after the pandemic boosted interest in its design software tools. Following a $US71 million investment led by T. Rowe Price and Dragoneer, the latest valuation sets the company apart as Canva claims it is
Investors and business people usually value companies based on the balance of assets and debts at the end of a financial year. But our research found they should be valuing their employees’ ability to innovate while using their existing physical assets. This is what actually creates value for our economy.