Pinned
Jack Zhang
@awxjack
- We are fucking killing it in June. Approaching $900M ARR. Revenue up 95% YoY. We’re building the future global financial operating system and it’s compounding fast.
- 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
- In the early days of Airwallex, a VC took back a term sheet after signing it. That decision cost them $1B so far.
- 🚀 We’ve just crossed $800M in ARR. Every milestone is a reminder that we’re just getting started.
- 7 years ago, my co-founders and I walked away from an 1.2B acquisition offer from @stripe . It was one of the toughest calls we've had to make. Lots more work to do as we build the future of global banking. @emilymason00 thanks!
- @airwallex is now on the other side of $1B ARR. What I love about this chart isn’t that we hit a big milestone; it’s how fast the business is accelerating. It took us more than 6 years to 100M ARR, 9 years to 500M, and only one year to double it.
- In the first 5 years of @airwallex, we made a massive hiring mistake. We brought in people with impressive résumés – ex-bankers, payments veterans, people who had worked on the SWIFT network. On paper, they looked perfect. In practice, they nearly broke our culture. They had a
- It took @airwallex 6 years to get to 100m ARR, we got to 500m ARR in Q324, 600 ARR is Q424, and we just exceeded 700m ARR in Q1 this year … 100m per quarter and still accelerating
