Canva bought Serif for their quite nice Affinity suite some time back. I wonder how this will work out long term.
Canva Hikes Pices by 300pc as It Readies for IPO
31–40 of 90 posts
Re: Canva Hikes Pices by 300pc as It Readies for IPO
#32Earlier quoted context omitted.
This is just capitalism though. Like, what else are you suggesting? Opt for companies whose products are more expensive in the hope that they are less likely to hike prices later on? The real issue is when these companies become monopolies and then can raise prices without paying a competitive cost for doing so. But that's not Canva.
Maybe this is a really crazy idea, but businesses could compete on the free market, winning customers with superior products and services? And use revenue to grow? The initial investment to start a company, especially a tech company, isn't all that big anymore.
Re: Canva Hikes Pices by 300pc as It Readies for IPO
#33Finally, a company that adds AI to their product and then IPOs - I can't wait to see what groundbreaking stickers the AI will come up with, so I can really level up my birthday cards.
To be fair, Canva's product is uniquely a good fit for Gen AI. Casuals who just want the end result without trying to learn all the complicated photo/video editing techniques.
Re: Canva Hikes Pices by 300pc as It Readies for IPO
#34Tech execs: The government is the only source of inflation! Also Tech Execs: Raise prices!
I'm no tech exec, but this seems fine to me. If your government increases the money supply, ceteris paribus the demand curve (for every product) will shift right. At that point the tech exec can raise their price along with their competitors for an easy win. They're not forced to, but it's monetary policy that made it possible.
You’ve just pointed out a correlation but I’ve yet to see actual causation here.
Re: Canva Hikes Pices by 300pc as It Readies for IPO
#35Adobe Photoshop CS6 forever (/s)
Re: Canva Hikes Pices by 300pc as It Readies for IPO
#36Finally, a company that adds AI to their product and then IPOs - I can't wait to see what groundbreaking stickers the AI will come up with, so I can really level up my birthday cards.
Re: Canva Hikes Pices by 300pc as It Readies for IPO
#37Earlier quoted context omitted.
Well of course, what else are they supposed to do? Put AI tools in an optional higher tier and have absolutely nobody that consciously upgrades to that tier?
Simply don't have AI, the product works well and has a very solid monetization model.
Re: Canva Hikes Pices by 300pc as It Readies for IPO
#38Earlier quoted context omitted.
I haven't noticed tech execs say that (the first bit). Is that an Elon Musk thing? (Genuine question)
Complaining that loose monetary policy is responsible for inflation is a pretty common theme from Musk/Trump fanboy type CEOs. They’re also starting to question universal suffrage in public now. Good times.
What is the source of inflation then?
Re: Canva Hikes Pices by 300pc as It Readies for IPO
#39Tech execs: The government is the only source of inflation! Also Tech Execs: Raise prices!
I'm no tech exec, but this seems fine to me. If your government increases the money supply, ceteris paribus the demand curve (for every product) will shift right. At that point the tech exec can raise their price along with their competitors for an easy win. They're not forced to, but it's monetary policy that made it possible.
As you near an IPO, you’d want to make your business look like it’s quite profitable to prevent the share price from nosediving on Day 1.
Re: Canva Hikes Pices by 300pc as It Readies for IPO
#40Earlier quoted context omitted.
Paradox of choice, there are too many good percent symbols: U+0025 % PERCENT SIGN U+FF05 % FULLWIDTH PERCENT SIGN U+FE6A ﹪ SMALL PERCENT SIGN U+066A ٪ ARABIC PERCENT SIGN
No there aren't. Each of these has usage context that is not appropriate here. This text is neither in full-width kana, subscripts, nor arabic.