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Say something bad about Canva? It can claw back staff shares

Nick Bonyhady

Graphic design giant Canva can claw back departing employees’ share rights if they publicly criticise the start-up, via a similar legal structure to one that OpenAI boss Sam Altman apologised for including at his company.

The Australian Financial Review can reveal documents signed by Canva staff give the $US26 billion ($39 billion) start-up the right to invalidate share rights if employees breach strict rules that remain in force even after they leave the company.

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Nick Bonyhady was a technology writer for The Australian Financial Review. Connect with Nick on Twitter.

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    Original URL: https://www.afr.com/technology/say-something-bad-about-canva-it-can-claw-back-staff-shares-20240614-p5jlxo