company
Design tool cited as an asset source for Composer's creative and design agent.
Revenue rose 28%, RPO rose 44%, and the stock moved 35% in a session. The backlog suggests agents are creating work items, not deleting them, but the FY27 margin guide shows what defending that costs.
Reality
A step-limit abort was reported as a task failure after the transition had gone through. The harness described its own loop, not the system of record, and a retry was one keystroke away.
Reality
Two separate valuers cut Canva the same way after a third came off its growth forecast. The stated cause was compute cost the company could not pass on to customers.
Reality
Coatue's round values the company at roughly 27 times a self-reported $7 billion run rate, about what December's round paid. What changed is that the acceleration has stopped.
Reality
The co-CEO says every employee had to be running teams of agents by the end of June. The $1.5B revenue base is what pays for that retraining, and what is exposed if it fails.
Reality