Vly News - Professional news Platform

A huge blow to the young Australian founders of tech start-up Canva as the stock market darling is hit by a brutal $20 BILLION pullback Graphic design software group Canva has cut valuation by $20 billion Was valued at AU$54 billion on the Australian stock market 10 months ago Venture capital firm Blackbird Ventures reduces Canva’s value by 36 percent By Kylie Stevens For The Australian Daily Mail Published: 01:47 EDT, 27 July 2022 | Updated: 01:49 EDT, 27 July 2022 An Australian tech start-up that was once worth more than Telstra and Woolworths has taken a major hit after its value plunged more than a third. Graphic design software group Canva was the darling of the Australian stock market 10 months ago, with an estimated market cap of AU$54 billion. The start-up – founded by young Australians Melanie Perkins and Cliff Obrecht a decade ago – has more than doubled in value in five months. But the compa...

Richmond coach Damien Hardwick had said on Wednesday that Martin was on course to return in the round of 20 against the Brisbane Lions, which is when he expects key forward Tom Lynch (hamstring) to return. The Tigers tweeted they would not provide further updates on Martin until needed. Talisman Martin has only played eight games this season. The 31-year-old took personal leave after the first round and missed six games, coming back with a bang in round eight when he hit two goals in the win over Collingwood. With AAP ‘We don’t look past our noses’: McRae says Grundy’s talent is being underestimated Roy Ward Collingwood coach Craig McRae thinks few in the AFL world have short memories when it comes to ruckman talent Brodie Grundy following a knee injury in April. Brodie Grundy at Collingwood training on Friday. Credit: Getty Images The Magpies are wary of Grundy’s return after 15 weeks out, through injury on Anzac Day, and McRae thinks the nimble ruckman co...