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From Coffee Shop to $8 Billion
From Coffee Shop to $8 Billion
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Subtitle (21)
0:00
Feels a bit unreal, right? But within 12 months and you went from almost no business to, you know,
0:06
$1.2 billion dollar acquisition offers and it's only three years into the entrepreneur journey.
0:10
And at that time, we only had $2 million revenue so,
0:12
it's a pretty bold decision not not to proceed with the offer.
0:16
In 2018, Stripe offered to buy Airwallex for $1.2 billion dollars. They said no.
0:22
Seven years later, the company is now worth $8 billion dollars and has
0:26
customers all over the world, including Shein, Brex, McLaren Racing, and more.
0:33
But it wasn't all smooth sailing. Before the billion-dollar offers and the big-name
0:37
partnerships, Jack worked 16-hour days just to stay afloat. Factory work,
0:42
bartending, and overnight shifts at petrol stations
0:44
were all means of survival when his family could no longer support him.
0:48
Basically have to wake up 5:00 in the morning, take the first train,
0:52
then took a bus for close to hour, then walk for another 30 minutes to the lemon farm.
0:57
I just packed them up, do that for 12 hours a day.
1:00
And in the summer, it's 40° Celsius and it's uh pretty intense.
1:06
That work ethic took him far. By his 30s, he made millions
1:10
from side businesses, but something was missing.
1:12
I always wanted to find something where no one needs to ever wake me
1:16
up and I will be up every day and feel extremely passionate and motivated and
1:21
then willing to devote my my entire sort of life to it.
1:25
I think Airwallex is probably the the one that really kind of get me to that stage.
