Canva won’t list before 2025, but investors will still get rich soon

Canva will hold fire on a highly anticipated public listing until 2025 or 2026, but has developed plans to let employees and venture capital backers cash out well before then.

The $US25.6 billion ($40.5 billion) valued graphic design software company has been such a success that the Australian VC industry has billions of dollars riding on its listing, which has appeared just over the horizon for years.