Latest / The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Most Insane Story in Startups: Airwallex: The Angel That Turned $1M into $1BN | The Fund That Pulled a Term Sheet & Lost $1BN | Rejecting Stripe's $1.2BN Offer | Scaling to $1BN in Revenue & 100% YoY Growth for 8 Years with Jack Zhang
Airwallex is the most insane story in startups:
The best angel investment ever: The angel that turned $1M into $1BN.
One of the world's best VCs pulled a term sheet and lost $1BN.
The company turned down a $1.2BN offer from Stripe.
The company scaled to $1BN in transaction volume in 9 months.
The company has never not grown 100% in a year.
Jack Zhang is the Co-Founder and CEO of Airwallex, one of the world's fastest-growing global payments and financial infrastructure companies. Since founding the company in 2015, Jack has scaled Airwallex to over $130B in annual payment volume, $720M in ARR…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.