Canva doubles to $55b valuation after fresh raise afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
The married couple behind Canva are worth $16.5b after the visual communication platform hit a $55b valuation on Wednesday, but Melanie Perkins and Cliff Obrecht plan to give almost all of it away.
Canva catapults to $55b value afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
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Thursday’s New York Stock Exchange listing of fitness franchise F45 is set to turn one of its two Sydney-born co-founders, Adam Gilchrist, into a Financial Review Rich Lister.
Starting with a humble gym in Sydney’s Paddington in 2012, F45 has sold more than 2800 franchises in 63 countries. Over 1500 operating studios offer the 45-minute workouts for which Gilchrist, 43, and old rugby mate Robert Deutsch, 41, first named the business. Mark Whalberg with F45 CEO & founder Adam Gilchrist at the NYSE.
AP
Set on a global trajectory by the investment of Hollywood star Mark Wahlberg in 2019, F45 was valued at $US1.4 billion ($1.9 billion) by its $US325 million initial public offering. Shares popped as high as $US17.75 from their $US17 open, before closing on Thursday (Friday AEST) at $US16.20.