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Canva investor slashes value of stake by 58.5pc

James Thomson

US investment giant Franklin Templeton has again slashed the value of its stake in Australian tech darling Canva, with the value of its shareholding now down 58.5 per cent in less than six months.

Canva co-founders Cameron Adam, Melanie Perkins and Cliff Obrecht. Peter Rae

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/technology/canva-investor-slashes-value-of-stake-by-58-5pc-20220601-p5aqc7