Canva’s backers cut $7.1bn from its valuation, and its own valuer cut more
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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%. […]
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