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Lenny's Podcast: Product | Growth | Career

Inside Canva: Coaches not managers, giving away your Legos, and running profitably | Cameron Adams (co-founder and CPO)

Lenny's Podcast: Product | Growth | Career

Lenny Rachitsky

Technology, Business, Entrepreneurship

51.5K Ratings

🗓️ 2 June 2024

⏱️ 63 minutes

🧾️ Download transcript

Summary

Cameron Adams is the co-founder and chief product officer of Canva. Canva is one of the world’s most valuable private software companies, used by 95% of Fortune 500 companies. Since its launch in 2013, Canva has grown to over 150 million monthly users in more than 190 countries, generating $2.3 billion in annual revenue. Prior to Canva, Cameron ran a design consultancy, worked at Google on Google Wave, and founded the email startup Fluent. He is also an author of five web design books and a regular speaker at global conferences. In our conversation, we discuss:

• Why they spent a year building their minimum viable product (MVP) before launch

• Why Canva has no managers, and their unique approach to coaching and performance reviews

• Why they encourage employees to “give away their Legos”

• Insights into Canva’s SEO growth strategy

• Their three-pillar framework for integrating AI into their product

• Stories from the early days

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Find the transcript at: https://www.lennysnewsletter.com/p/inside-canva-with-cameron-adams

Where to find Cameron Adams:

• X: https://twitter.com/themaninblue

• LinkedIn: https://www.linkedin.com/in/themaninblue

• Website: https://themaninblue.com/

Where to find Lenny:

• Newsletter: https://www.lennysnewsletter.com

• X: https://twitter.com/lennysan

• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

In this episode, we cover:

(00:00) Cameron’s background

(02:00) Reflecting on the success of Canva

(04:50) Reflecting on hard times

(10:01) Canva’s product-obsessed culture

(12:02) Why they prioritize internal promotions and hires

(13:56) What makes Canva unique

(16:31) The concept of giving away your Legos

(21:44) Why Canva has no managers

(24:29) Product management at Canva

(27:56) Reflections on working with a married couple

(30:37) Why they spent a year building their MVP before launch

(33:49) Advice for building an MVP

(41:23) Canva’s onboarding transformation

(44:25) Canva’s SEO strategy

(50:37) The success of Canva’s freemium strategy

(54:24) Integrating AI into Canva’s product

(01:01:50) Where to find Cameron

Referenced:

• Canva: https://www.canva.com/

• Melanie Perkins on LinkedIn: https://www.linkedin.com/in/melanieperkins

• Cliff Obrecht on LinkedIn: https://www.linkedin.com/in/cliff-obrecht-79ba9920

• Jennie Rogerson, Head of People, LinkedIn post about “season opener” events: https://www.linkedin.com/posts/jennierogerson_season-opener-is-one-of-my-favourite-events-activity-7006815614556135424-73bD/

Game of Thrones on HBO: https://www.hbo.com/game-of-thrones

• Woodstock: https://en.wikipedia.org/wiki/Woodstock

• ‘Give Away Your Legos’ and Other Commandments for Scaling Startups: https://review.firstround.com/give-away-your-legos-and-other-commandments-for-scaling-startups/

• Minimum viable product (MVP): https://www.productboard.com/glossary/minimum-viable-product-mvp

• Canva’s SEO Strategy Is Elite: https://thegrowthplaybook.substack.com/p/canvas-seo-strategy-is-elite

• The SEO Strategy That Led Canva to a $40 Billion Valuation: https://www.youtube.com/watch?v=INyGKt6LAqM

• Andrianes Pinantoan on LinkedIn: https://www.linkedin.com/in/andrianes/

• Canva Create: https://www.canva.com/canva-create/

Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email [email protected].

Lenny may be an investor in the companies discussed.



Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

Transcript

Click on a timestamp to play from that location

0:00.0

Canva is bigger than Figma and Mero and WebFlow combined.

0:03.8

You guys are generating $2.3 billion in ARR

0:07.6

and you're profitable.

0:08.8

They're also growing 60% year over year

0:11.0

and it's accelerating.

0:12.2

I run everyone through the culture at

0:14.0

Canva one of those sections is I'm giving away your LEGO finding joy and the other

0:17.8

things of building a team passing on your experience helping other people do

0:21.7

great writing or great product building or great engineering.

0:24.8

When is this coaching concept? I have never heard of this.

0:27.2

We don't really have managers, but everyone at Camper has a coach that constantly working with you

0:32.1

to look at your skills, but also when it might be time to move on to the next level.

0:37.0

I'm curious just how you think about product management.

0:39.0

I didn't want to do product management like they did at Google and that's because of the different cultures. I have seen

0:43.6

product managers at other companies who are very independent of teams and that seems

0:47.1

very weird to me. For us, product managers are really connected.

0:50.5

It feels like canvas has just been this non-stop up into the right all win, all success. In reality, that's never actually the case.

0:56.6

How many value stories do you want? We've got a planet.

1:05.2

Today my guest is Cameron Adams. Cameron is the co-founder and chief product officer at Canva, which is a truly

1:10.3

incredible business and company.

1:12.1

At the top of the episode I share a bunch

1:14.1

of stats they'll probably surprise you about the scale that Canva has reached these

...

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