Insight certainty 4/5 debate potential 2/5

Pre-PMF investing relies on evaluating personality over data

Jack Zhang · Airwallex CEO & Co-Founder, Jack Zhang: The Angel That Turned $1M into $1BN · 20VC with Harry Stebbings · May 26, 2025 · at 1:32:44

Jack Zhang is the co-founder and CEO of Airwallex. He explains why he considers himself ill-suited for early-stage angel investing.

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“I think it just, you know, like before product market fit is really just based on people's personality. I don't know how to make an investment decision based on people's personality.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

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