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Canva slashes valuation by $10B as AI reality bites(msn.com)
8 points by ilamont 12 hours ago | 2 comments
upupupandaway 7 hours ago | parent | next [-]

Way overvalued, so they can distribute private shares at an inflated price to their employees.

rvz 12 hours ago | parent | prev [-]

Not a good look for pre-AI companies.