VCs are banking on Canva staff cash, but they’re buying houses instead

Most Canva staff plan to use the cash they make from selling their shares in the design software company to buy property, denting start-up industry hopes they will plough it back into the money-hungry sector.

A poll of 119 current and former Canva staff on Blind, an anonymous discussion site that requires a corporate email address for access, shows just 3 per cent of those who sold shares this year plan to start a company.