Canva founder was rejected over 100 times by investors… now the company is worth $40 billion

Determination is one of the many lessons we can learn from Melanie Perkins and her journey of starting Canva. She pitched the idea to over 100 investors before managing to secure a meeting Bill Tai.

And interestingly enough, she met Bill Tai at a conference that Perkins wasn’t even a part of. She said “I spoke to him for five minutes, and he said if I went to San Francisco he’d be happy to meet with me. So I jumped on a plane to San Francisco and true to his word he met with me.”

Needless to say, the pitch was a success. Fast forward 8 years and Melanie Perkins has a net worth of $6.5 billion

Would you still be pitching to investors after 100 unsuccessful attempts?

EDIT: Based on the replies, I thought I’d share more information on Canva’s background and the company’s journey as a startup. Here are some really interesting and helpful videos:

- https://www.youtube.com/watch?v=RPdXxchdkDY
- https://www.youtube.com/watch?v=8TBSg79Gf0M&t=256s
- https://www.youtube.com/watch?v=Ep21f3ncvBk
- https://www.youtube.com/watch?v=yw6i93Iu_40