Big name investors Goldman Sachs and one of the world’s largest pension funds have emerged as new investors in design software firm Canva, as its upcoming blockbuster $US1.5 billion ($2.28 billion) secondary share sale has left some early investors questioning whether the deal prices the company too low.
Goldman Sachs and the Ontario Teachers Pension Plan are understood to be among a number of new backers who will be buying shares off existing investors and Canva staff members, with Australian venture capital firm Blackbird Ventures also understood to be buying in again, while also selling holdings from its earlier funds.
