
46 segments available
Melanie Perkins is CEO and co-founder of Canva, currently valued at over $42 billion, generating over $3 billion in annual revenue, with more than 240 million monthly active users and, incredibly, eight consecutive years of profitability. But the journey was far from smooth. Melanie was rejected by over 100 investors during her first fundraising round, her team spent two years without being able to ship a new feature during a technical rewrite, and the company pivoted early from a yearbook publishing platform to become the design powerhouse it is today. Through it all, she maintained what she calls “column B” thinking: building toward a dream future rather than just using the bricks around you. *We discuss:* 1. How “column B” thinking helped Melanie build Canva, by starting with an impossible vision rather than existing constraints 2. The power of setting “crazy big goals” 3. How Canva survived a painful two-year period without shipping any new features while rewriting their codebase 4. How Melanie pushed through 100 investor rejections, and how she used each rejection to strengthen her pitch 5. Canva’s “two-step plan”: build one of the world’s most valuable companies, then do the most good possible 6. Melanie’s vision for 2050 and why she believes imagination is the first step toward a better world *Brought to you by:* Vanta—Automate compliance. Simplify security: https://vanta.com/lenny Stripe—Helping companies of all sizes grow revenue: https://stripe.com/ Justworks—The all-in-one HR solution for managing your small business with confidence: https://www.justworks.com *Transcript:* https://www.lennysnewsletter.com/p/the-making-of-canva *My biggest takeaways (for paid newsletter subscribers):* https://www.lennysnewsletter.com/i/176082995/my-biggest-takeaways-from-this-conversation *Where to find Melanie Perkins:* • X: https://x.com/melaniecanva • LinkedIn: https://www.linkedin.com/in/melanieperkins/ *Where to find Lenny:* • Newsletter: https://www.lennysnewsletter.com • X: https://twitter.com/lennysan • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/ *In this episode, we cover:* (00:00) Introduction to Melanie Perkins and Canva (04:44) Building a “column B” company (06:36) Operationalizing big visions (13:13) Crazy big goals and celebrations (22:00) Challenges and setbacks in Canva’s journey (26:30) Fundraising and investor rejections (29:36) Leadership and growth lessons (34:38) Canva’s goal-driven structure (35:46) Balancing work and personal life (38:02) Community-driven product development (40:37) The two-step plan for global impact (45:04) Canva’s biggest launch yet (48:10) How Canva approaches product expansion (52:37) AI integration in Canva (53:56) AI corner (55:22) Melanie’s vision for 2050 and beyond (01:00:07) Lightning round and final thoughts *Referenced:* • Canva: https://www.canva.com/ • Brian Chesky’s new playbook: https://www.lennysnewsletter.com/p/brian-cheskys-contrarian-approach • Building high-performing teams | Melissa Tan (Webflow, Dropbox, Canva): https://www.lennysnewsletter.com/p/building-high-performing-teams-melissa • UserTesting: https://www.usertesting.com/ • Figma: https://www.figma.com/ • Adobe: https://www.adobe.com/ • Calm: https://www.calm.com/ • Gandhi’s quote about happiness: https://www.brainyquote.com/quotes/mahatma_gandhi_105593 • Help us improve Canva: https://www.canva.com/help/get-in-touch/general-feedback/ *Recommended books:* • Creativity, Inc.: Overcoming the Unseen Forces That Stand in the Way of True Inspiration: https://www.amazon.com/Creativity-Inc-Expanded-Overcoming-Inspiration/dp/0593594649/ • The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses: https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898/ • The Power of Moments: Why Certain Experiences Have Extraordinary Impact: https://www.amazon.com/Power-Moments-Certain-Experiences-Extraordinary/dp/1501147765 • Designing the Obvious: A Common Sense Approach to Web and Mobile Application Design: https://www.amazon.com/Designing-Obvious-Common-Approach-Application/dp/0321749855 _Production and marketing by https://penname.co/._ _For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com._ Lenny may be an investor in the companies discussed.
Melanie Perkins shares her experience of pitching over 100 investors who rejected her vision for Canva. She emphasizes the importance of feedback received through rejection, which helped her refine her pitch and understand the market potential. This segment highlights the resilience required in entrepreneurship and the value of constructive criticism.
"There's a very famous story about Canva. Early on, you pitched over a hundred investors and over a hundred investors said no to you. >> It was really clear in my mind that it was the future and I thou..."
In this segment, Melanie discusses the concept of setting 'crazy big goals' and how they inspire hard work and dedication. She explains her personal vision for the future, including a wall in her office that outlines her aspirations for 2050. This approach encourages founders to think beyond current limitations and imagine a transformative future.
"love that as a value. >> The thing that I love about a crazy big goal is that you feel completely inadequate before it. You want to work really hard to will it into existence. I really like to start b..."
Melanie introduces the concept of 'chaos to clarity,' explaining how every idea begins in a chaotic state. She emphasizes the importance of moving from initial confusion to a clear vision, which is essential for building a successful company. This segment provides insights into the creative process and the steps necessary to bring ideas to fruition.
"That very first step at the far end of chaos was quite a embarrassing step actually because you don't have mastery at that point. You don't have all the answers. A lot of people think of Canva as like..."
Melanie reflects on her early vision for Canva, which was rooted in imagining a future where design is accessible and collaborative. She contrasts this 'column B' thinking with the traditional 'column A' approach, which focuses on current resources. This segment illustrates the power of visionary thinking in entrepreneurship and how it shaped Canva's journey.
"tech founder in history and one of the most successful founders, period. Canva is currently valued at over $42 billion, making over $3.3 billion in revenue a year. They've been profitable for 8 years ..."
In this segment, Melanie discusses how to operationalize a big vision by breaking it down into actionable steps. She emphasizes the importance of having a clear picture of the desired future and taking small, consistent actions towards that goal. This practical advice is crucial for founders looking to turn their dreams into reality.
"from a yearbook publishing platform to the Canva that you know today. Melanie does not do a lot of podcasts. She shares stories that I've never heard before and lessons that I'm still thinking about. ..."
Melanie explains how clarity is essential for transforming ideas from chaos into reality. She shares her belief that writing down ideas and creating visual representations can help solidify concepts and make them more tangible. This segment highlights the significance of communication in the entrepreneurial process.
"bring you Melanie Perkins after a short word from our sponsors. My podcast guests and I love talking about craft and taste and agency and product market fit. You know what? We don't love"
Melanie Perkins discusses the importance of transitioning from chaos to clarity in the ideation process. She emphasizes that every idea starts in chaos and requires incremental steps to bring it into clarity. By documenting thoughts and creating pitch decks, teams can visualize their ideas, making them more tangible and actionable.
"actually just making time to spend thinking about that is probably one of the most critical pieces. Like just literally dreaming like what is wild success in 10 years? What is terrible failure in 10 y..."
Melanie references the 'ugly baby' concept from 'Creativity, Inc.' to illustrate how new ideas can be fragile and often dismissed. She stresses the importance of nurturing these ideas, allowing them to develop and grow rather than dismissing them prematurely. This approach fosters innovation and encourages teams to explore ambitious visions.
">> So, we have this concept of chaos to clarity. Um, and every idea starts in the chaos side and then you have to work all the way to the other side, which is clarity. And so, chaos can be an idea, it..."
In this segment, Melanie Perkins explains the significance of setting 'crazy big goals' at Canva. She shares how these ambitious objectives drive the team to work hard and innovate, emphasizing that such goals should be meaningful enough to inspire dedication and effort over the long term.
"become more and more real and more and more people can see it. And so just like taking those little incremental steps that adds clarity with every single step then starts to help will it into existenc..."
Melanie outlines Canva's mission to empower everyone to design, detailing how they break this mission into actionable pillars. She shares examples of how the company has expanded its offerings over the years, illustrating the importance of incremental progress towards achieving their overarching vision.
"could take there to see if this could be a thing. >> Yeah, I completely agree. And I think that's the thing is that the that very first step at the very like far end of chaos, it's very embarrassing b..."
Melanie discusses the unique way Canva celebrates achieving their crazy big goals. She highlights the importance of recognizing milestones with fun celebrations, which helps maintain team morale and motivation while reinforcing the significance of their accomplishments.
"about a pitch deck is that other people can see your thinking and your thinking actually gets clarified as well as you go through that process. >> I talked to Melissa, I talked to a bunch of other peo..."
In this segment, Melanie reflects on the balance between setting ambitious goals and ensuring they remain achievable. She shares insights on how Canva has navigated the challenges of timing and expectations, emphasizing that even if goals take longer to achieve, the pursuit itself is valuable.
"big goal. Um, and I think the thing that I love about a crazy big goal is that you feel completely inadequate before it. Um, you know, another crazy big goal would love to see everyone's basic human n..."
Melanie explains how Canva uses vision decks to track progress towards their ambitious goals. She shares how these decks help clarify thinking and align the team on their mission, allowing them to visualize their journey and celebrate the steps taken towards achieving their long-term vision.
"achieve. >> Is there a crazy big goal that you set that comes to mind maybe as a good example of this is what I'm talking about. Maybe a product you launched or feature back in the day. >> Yeah, I mea..."
Melanie candidly discusses the constant evolution of Canva and the challenges faced as the company grows. She shares experiences of setbacks, including a critical two-year period without shipping new products, highlighting the resilience required to overcome obstacles in the pursuit of their vision.
"then just like take a step after step um towards helps then will it into existence or on every device. We started off obviously just with a web platform and then we launched our iPad app and then iPho..."
In this segment, Melanie emphasizes the importance of persistence in achieving ambitious goals. She reflects on the unpredictable nature of timelines and the necessity of continuing to push forward, even when faced with significant challenges and delays.
"certainly not been able to have ping dart. What's the what's it accur? >> We have not been very accurate with timing. But it's really interesting. I looked back at a 2021 2021 vision deck that we made..."
Melanie shares how Canva celebrates milestones along their journey, reinforcing the importance of recognizing achievements. She discusses various fun celebrations that help maintain team spirit and motivation, ensuring that the hard work put into achieving goals is acknowledged and appreciated.
">> Whether you like him or not, Elon, this is similar to his um if you watch him, he has sets these really ambitious goals and then often is far late on achieving them, but clearly it has worked out i..."
Melanie outlines the concrete steps Canva takes to achieve their ambitious goals. She emphasizes the importance of breaking down large objectives into manageable components, allowing the team to measure progress and stay focused on their mission.
"say, "Hey, we did this thing." Um, that thing that seemed really hard, we've now achieved. And you know, the mission is often, you know, each of the different mission pillars, they're obviously a long..."
Melanie Perkins discusses the constant evolution of Canva as it scales, highlighting how systems break and the need for adaptation. She shares experiences from early days, including the transition from weekly goal presentations to 'season openers' to accommodate the growing team. This segment emphasizes the importance of maintaining company culture and communication during rapid growth.
"when maybe things didn't look like they worked would work out. So let me just ask you this. over the over the course of building Canva once it started to click and started to feel like it was going to..."
Melanie reflects on a challenging two-year period where Canva couldn't ship any new products due to a critical codebase rewrite. She describes the emotional toll on the team and how they maintained morale through creative team-building activities. This segment illustrates the struggles of a product company during a significant transition and the importance of perseverance.
"and so I think it's just like a constant work in progress or you know back to your earlier point about timing of things we were doing a front-end rewrite and we thought it take about 6 months. It was ..."
In this segment, Melanie recounts her experience pitching over 100 investors, facing rejection after rejection. She explains how each rejection provided valuable feedback that helped refine her pitch deck and strengthen her resolve. This story highlights the importance of resilience and adaptability in the face of adversity, ultimately leading to Canva's success.
"really a recipe for fun >> for two years. for two years. >> I feel like every builder listening to this knows exactly what you've been through and maybe not in that scale and those stakes, but you sta..."
Melanie shares how the feedback from investors shaped Canva's vision and pitch. She emphasizes the need to articulate the problem clearly to gain investor understanding and support. This segment underscores the significance of iterating on ideas and adapting communication strategies based on feedback to achieve clarity and success.
"Just how does how does this feel? >> I don't know. It was really clear in my mind that it was the future and I thought the investors were wrong, frankly. Um, but investors also gave really helpful fee..."
Melanie offers advice to founders struggling with fundraising, emphasizing the importance of controlling the narrative and refining pitches based on feedback. She discusses the necessity of finding the right audience for your vision and the value of persistence. This segment provides insights into the fundraising process and the mindset needed to overcome challenges.
">> Well, I think beyond that, I've never heard this part of the story. It's not just persisting, it's actually iterating and and uh taking feedback that you're hearing to continue to evolve the pitch ..."
Reflecting on her growth as a leader, Melanie discusses the importance of authenticity and staying true to Canva's unique culture. She shares insights on the challenges of scaling and the need to adapt leadership styles while maintaining core values. This segment highlights the balance between learning from others and cultivating an authentic company identity.
"trying to do. Um, and you know, kind of finding your tribe. I think >> I think as an investor, this is really interesting to hear because it tells you there are companies like Canva out there that eve..."
Melanie explains Canva's goal-driven structure, emphasizing the alignment of mission and operational goals. She discusses the significance of breaking down the mission into actionable pillars and celebrating achievements. This segment illustrates how a clear mission can drive company culture and performance, fostering a sense of purpose among employees.
">> I I love that story. I think again if anyone working at a company that has gone through a lot of growth has experienced that when people from other companies come in and here's how we did it at thi..."
Melanie Perkins discusses the ongoing challenge of scaling Canva and the necessity of reinventing systems to accommodate growth. She emphasizes the importance of creating unique solutions rather than relying on off-the-shelf products, highlighting how being based in Australia allowed her to innovate without the pressure of Silicon Valley norms.
"progress. It feels like, you know, as I was saying before, systems break and need to be reinvented, but also reimagined for that next layer of scale rather than going to try to get something off the s..."
In this segment, Melanie explains Canva's goal-driven structure, where the mission is broken down into actionable pillars and goals. She stresses the importance of aligning daily operations with the company's mission to create authenticity and ensure that the team is genuinely working towards their stated objectives.
"Is there anything else that is a good example of how you did something pretty different from how other companies operate? Anything else that comes to mind as a as a fun example? >> The goal driven str..."
Melanie shares her journey of realizing the importance of work-life balance after years of relentless work. She discusses how maintaining mental health and personal well-being is crucial for sustained productivity and creativity, emphasizing the need for breaks and self-care practices.
"a deeply underloved uh way of building a company. Often people have a mission that's kind of on the wall somewhere and then what they're actually doing and the way they actually make money and the way..."
Melanie elaborates on her strategies for protecting personal time amidst the demands of running a company. She shares her habit of disconnecting from work communications after hours and the importance of mental space to gain perspective, which helps avoid burnout and enhances decision-making.
"that ended up being so valuable. So in the early days I would just work seven days a week round the clock. You know in our very first company we actually had printing presses because we were printing ..."
In this segment, Melanie discusses how Canva incorporates community feedback into its product development process. She reveals that the company receives over a million requests annually from users, which are analyzed and used to inform product updates, ensuring that the offerings meet real user needs.
"really important. I've spoken to a lot of founders that haven't quite found that. And then do struggle with it, you know? So when they're not when they're working every weekend, it feels like the righ..."
Melanie introduces Canva's two-step plan: first, to build one of the world's most valuable companies, and second, to do the most good possible. She explains how these goals are interconnected and how the company's philanthropic efforts, such as the 1% pledge, are integral to its mission.
"of people. So I've personally run hundreds if not thousands of user tests um myself and it's been deeply embedded in our product teams also. Wow, that must be really stressful for someone uh looking a..."
Melanie shares the impact of Canva's philanthropic initiatives, including significant donations to help those in extreme poverty. She emphasizes the transformative power of even small amounts of money for individuals in need and how these efforts align with her vision of meeting basic human needs globally.
"Canva for some years now. You know, in the early days we took the 1% pledge, which I think is an incredible program. Every single person, every single company should should take that where you give 1%..."
In this segment, Melanie reflects on the importance of integrating purpose with profit in Canva's operations. She asserts that wealth creation is a means to an end, allowing the company to have a positive impact on the world, and discusses the significance of providing free educational tools to empower communities.
"spending. And you know that crazy big dream I was mentioning earlier of everyone having basic human needs met. It's so completely insane that that isn't the case today. There's no specific reason why ..."
Melanie reveals details about Canva's upcoming major product launch, which includes new features powered by AI. She discusses the enhancements to the video product and the introduction of email and forms, highlighting how these innovations will empower users to create with ease and efficiency.
"blessed to be able to do some work and that creates wealth that can then go and have people's basic human needs met. You know, it's completely Yeah. But they they're working just as hard, but they don..."
Melanie discusses the extensive range of products Canva now offers, including spreadsheets, docs, and AI coding tools. She emphasizes how Canva is evolving beyond traditional design tools to meet diverse user needs, positioning itself as a comprehensive platform for creativity and productivity.
"excited about all of this. >> Amazing. I something I'm going to just let people know. I don't know if people know all this, how many products you all have now. I think a lot of people think of Canva a..."
Melanie shares Canva's mission to empower users to design and publish anywhere, highlighting their global printing capabilities. She illustrates how Canva simplifies the design process, making it easy for users to create and receive printed materials directly at home.
"but it's not just generational for those of other other generational ilk. Uh, but it's it's it's been fascinating to to see that come to life. >> The email product, is that like a email client product..."
In this segment, Melanie reflects on Canva's early strategy of identifying market gaps rather than focusing on competitors. She explains how understanding customer pain points led to the development of solutions that resonate with users, emphasizing the importance of a problem-centered approach in business.
">> I don't know how that works. Yeah. I don't know how you do that, but it worked. How cool. >> That is very cool. And so yeah, I guess literally bring these things to life. Oh, we're like launching 3..."
Melanie elaborates on Canva's approach to addressing user needs by solving real problems effectively. She stresses the significance of focusing on a core issue that many people face, which can lead to a successful product that users are willing to pay for.
"productivity rather than making our customers have to make a choice between those two tools two suites. >> Something I wasn't planning on asking about, but I think it's on everyone's minds. There's al..."
Melanie discusses Canva's philosophy on integrating AI into their products, emphasizing that it should genuinely help users achieve their goals. She shares insights on how AI enhances the design process while remaining responsive to user feedback and needs.
"than um be a problem or a solution looking for a problem. So what I'm hearing there is you didn't overthink here's my ICP, here's like the wedge and the strategy of how we expand into this large thing..."
In this segment, Melanie shares her personal experiences with AI, including using it for idea exploration and organization. She describes her practice of 'AI walks' to brainstorm and filter thoughts, showcasing how AI can enhance productivity in daily life.
"equation for us. In fact it was funny looking back from really old decks. We were trying to do AI before AI was actually a thing because it really was critical to what we were trying to do. Even in ou..."
Melanie reveals her vision board for 2050, expressing concerns about the current trajectory of humanity. She shares her aspirations for a world where basic human needs are met, education is a right, and communities thrive, emphasizing the importance of imagination and collective dreaming for a better future.
">> for the voice note tool. Is there a tool that you find useful for that? >> Yeah, I I might use um Apple Notes or directly into Canva Docs and then I actually just do the brain dump into Canva Docs ..."
In this segment, Melanie reflects on the importance of community and collective aspirations in overcoming loneliness and finding purpose. She discusses how Canva engages with its audience to gather ambitious goals for the future, emphasizing that achieving these goals requires a collaborative effort. This highlights the necessity of working towards something greater than oneself to foster a sense of belonging and purpose.
"literally having it beside me as I work every day. The little tiny decisions that can kind of help to angle towards that future that we want. And can I help will any of that into existence? I honestly..."
Melanie Perkins challenges the current societal norms that allow for inequality and suffering. She questions the acceptability of a world where basic needs are unmet and advocates for a shift in mindset towards creating a better society. This segment encapsulates her vision of a 'column B' world, where humanity collectively strives for a brighter future, emphasizing the need for a change in perspective on societal issues.
"is one of the key answers to loneliness is actually working towards something bigger than yourself. >> Wow. I really appreciate you sharing all that. Uh I was thinking as you're talking just consideri..."
Melanie discusses the role of imagination in driving change and innovation. She shares her belief that every great achievement begins with an idea and emphasizes the importance of envisioning a better future. This segment highlights how imagination can lead to actionable steps that contribute to societal improvement, reinforcing the idea that dreaming big is essential for progress.
"makes no sense. >> Uh a column B world you might say. >> Absolutely. >> Melanie, this was incredible. Before we get to our very exciting lightning round, is there anything else that you wanted to shar..."
In this segment, Melanie expresses her desire to create global infrastructure that empowers everyone, not just a select few. She discusses the importance of uplifting communities and ensuring that opportunities are accessible to all. This vision aligns with her broader goal of fostering a society where collective well-being is prioritized, challenging the notion that individual success can exist in isolation from the struggles of others.
"product you'd love to work on someday? Whether it's like an existing other company like, "Oh, I wish I could work on that thing." or just a new product you'd love to build maybe after the Canva chapte..."
Melanie shares her life motto about achieving harmony between thoughts, words, and actions. She emphasizes that imagination is the first step in the creative process and that everything great was once imagined. This segment reinforces the idea that aligning personal values with actions is crucial for meaningful impact, encouraging listeners to reflect on their own aspirations and contributions to society.
">> Maybe along those lines but maybe not. Is there a life motto that you find yourself coming back to in work your own life? >> There's a few. I love the quote happiness is when what you think, what y..."
Melanie concludes by urging listeners to take an active role in shaping the world they want to live in. She discusses the importance of making conscious decisions that contribute to a better society and encourages individuals to engage with their communities. This segment encapsulates her belief that everyone has the power to influence change and that collective action is essential for creating a brighter future.
">> Wow. There's so much power to that. One uh thought nugget there is just there's all these tools now that can make thing make building so much easier. You can just build anything you want. Just desc..."