Jack Zhang Profile picture
Perfectionist. Founder & CEO of @Airwallex.
Dec 8 15 tweets 5 min read
Stripe offered to acquire us for $1.2 billion when we had $2M in revenue.

Today, we've raised $330M at an $8B valuation and reached $1B ARR.

We could've died three times during this journey.

This is the story I've never told anyone before: Image At 16, I lost all financial support.

I moved to Australia at 15. But a year later, my family lost everything.

I couldn't go back home so I had to find a way to pay my tuition fees of $24,000 on my own.
Jun 7 7 tweets 1 min read
Investors keep asking me about stablecoin, and how that can reduce FX fees; if you send money from USD to EUR, and the receiving end still requires to receive EUR in their bank, I can’t see any ways stablecoin can reduce fees - off ramping from stablecoin to recipient currency are far more expensive than the FX interbank market. Crypto is a area I had never be able to understand. I still don’t see a single use case yet on how crypto is helping anything in the last 15 years.