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Why Australia Might Not See Another Canva: Observations on Vision and the VC Landscape

  • Canva's exceptional journey, driven by a bold vision to democratize design, faced challenges in securing funding.
  • The Australian VC landscape prioritizes immediate financials, making it difficult for visionary startups like Canva to gain traction.
  • Globally, VC funding declined, but the sharper decline in Australia suggests local factors exacerbating the trend.
  • Though initiatives like Startmate provide support for emerging entrepreneurs, scaling remains a challenge without VC backing.

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