She turned 100+ rejections into a $42B company | Melanie Perkins

On Lenny's PodcastHosted by Lenny RachitskyWith Melanie Perkins20261h 6m
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What this teaches

Canva co-founder Melanie Perkins recounts pitching for three years and being rejected by more than 100 investors before closing Canva's first round, including how she reworked the pitch around each objection. She details the kitesurfing-with-investors period in Silicon Valley and how rejection shaped the company's strategy.

Why it matters

One of the most detailed firsthand accounts of surviving mass rejection from the founder of a $42B company; directly transferable to any founder mid-raise.

Key lessons

  • Keep a list of every investor objection and systematically remove each one from the pitch
  • Rejection is information about the pitch, not the vision
  • Persistence over years, not weeks, closed the round

This video was created by Lenny's Podcast and features Melanie Perkins. We summarize and link with attribution; all rights belong to the creator.

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