Most Canva staff plan to use the cash they make from selling their shares in the design software company to buy property, denting start-up industry hopes they will plough it back into the money-hungry sector.
A poll of 119 current and former Canva staff on Blind, an anonymous discussion site that requires a corporate email address for access, shows just 3 per cent of those who sold shares this year plan to start a company.
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Nick Bonyhady is a technology writer for the Australian Financial Review, based in Sydney. He is a former technology editor, industrial relations and politics reporter at the Sydney Morning Herald and Age. Connect with Nick on Twitter. Email Nick at nick.bonyhady@afr.com