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HOW I BUILT THIS

Canva ft. Melanie Perkins

Audio-only episode, this one is on Spotify, not YouTube.

HOW I BUILT THIS · EXTRACTED

Canva ft. Melanie Perkins

8 tactics from the founder rejected by 100+ VCs who built a $40B design platform — Melanie Perkins' playbook for making design accessible to everyone.

Listen on SpotifyPreview, 1 of 8 tactics free

With Melanie Perkins

"We got rejected by over 100 investors. I pitched on their couches, in their kitchens, at their weekend homes. Most didn't think anyone would use free design software. Fifteen years later we have 170 million people who do."
Melanie Perkins, on the episode

Melanie Perkins was teaching design software to university students in Perth, Australia when she noticed something: her students were spending entire semesters just learning the tools. Adobe Illustrator took months to master. Photoshop took years. Meanwhile, everyone — not just designers — needed to make graphics for their work. She imagined a world where design was as easy as using a document editor. That vision became Canva. It took her five years to raise the first round. She pitched over 100 investors. Almost all said no. Today Canva is valued at $40B, with 170 million monthly users in 190 countries. In this episode, Perkins walks through the long, unglamorous middle of the story — the years before the traction, when she and her co-founder lived off rejection and belief.

Tactic 01

Start With a Beachhead, Not the Ocean

Perkins' first company wasn't Canva. It was Fusion Yearbooks — a product that let schools design and print custom yearbooks. It solved one narrow problem for one narrow market. But in the process, it proved every core component of what Canva would eventually be: drag-and-drop design tools, templates, collaboration, and printing. She ran Fusion Yearbooks for five years before launching Canva. 'The beachhead wasn't a pivot. It was a prototype. We proved the core technology worked before we bet on the global product.'

The play
Before tackling your big ambitious vision, build a smaller, narrower version first. Pick one specific customer segment with one specific need that's a subset of your larger vision. Ship that. Learn. Once the smaller version has proven the core mechanics, expand. Most founders build the ambitious version first and fail because the foundational technology wasn't proven. The beachhead is the cheapest way to validate the ocean.
Tactic 02

Absorb 100 No's Without Losing Conviction

Tactic 03

Free Is a Strategy, Not an Accident

Tactic 04

Pick a Massive, Boring Market

Tactic 05

Obsess Over the Second-Time Experience

Tactic 06

Hire for the Mission, Pay Fairly

Tactic 07

Build a Decade-Long Product Thesis

Tactic 08

Give the Company Away

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