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Siddharth K Nair

Thatmoonemojiguy 🌝 • 14h

🌝 A supporter asked me “How is Canva doing? And what’s the story behind Figma?” This post is for you. ✨ Canva — From DIY Tool to Design Empire Born in Australia in 2013, Canva started with a vision: 👉 “Make design simple for everyone.” While Adobe was focusing on professionals, Canva focused on non-designers. Teachers, students, marketers, entrepreneurs anyone who needed clean design without spending hours learning Photoshop. 💼 In 2024: 185M+ monthly users Serving 95% of Fortune 500 companies Revenue estimated at $2B+ Profitable and expanding fast Recently launched AI-powered Magic Studio and Canva Enterprise What Canva teaches us: Simplify a complex problem for the masses, and you'll unlock scale. 🧠 Figma — A Browser Based Revolution Figma’s journey is the opposite. Dylan Field dropped out of college with a Thiel Fellowship and a crazy idea: 👉 “What if design worked like Google Docs?” In 2016, Figma launched a product that let teams design together live, in the browser. No installs. No version confusion. Just realtime collaboration. Designers loved it. Startups adopted it fast. Even giants like Microsoft and Uber switched. 💼 In 2024: $821M revenue (up 46% YoY) 91% gross margin (insane efficiency) Operating margin: 18% IPO filed recently after Adobe’s $20B acquisition attempt failed due to antitrust What Figma teaches us: If you solve a pain point for professionals better than the incumbents, you don’t need to start big you just need to start smart. 🎯 Two Different Missions. Two Billion-Dollar Outcomes. Canva wins with accessibility Figma wins with depth and collaboration Both disrupted Adobe but from two completely opposite directions This is more than just a “tool war.” It’s a masterclass in product thinking: Who are you solving for? What friction are you removing? How do you evolve without losing your core? 💬 To the supporter who asked Akash Biswal this post is for you. Keep asking thoughtful questions. That’s how we all grow. 🚀🔥

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