Once close enough for an acquisition, Stripe and Airwallex are now going after each other | TechCrunch
News Source : TechCrunch
News Summary
- Stripe wanted to buy Airwallex for $1.2 billion.
- At the time, the Melbourne company had around $2 million in annualized revenue.
- Jack Zhang says the vision was still there, unfinished: to build the financial infrastructure that lets any business operate anywhere in the world as if it were a local company.
- Zhang grew up in Qingdao, a port city in northeastern China, and moved to Melbourne at 15 without his parents, barely speaking English, living with a host family.
Jack Zhang was 34 years old, three and a half years into running a startup, and sitting across from one of the most powerful investors in Silicon Valley. Michael Moritz of Sequoia had invited him to [+9119 chars]
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