Jack Zhang says late-stage founders should take $20M-$30M in secondaries
Jack Zhang · Airwallex CEO & Co-Founder, Jack Zhang: The Angel That Turned $1M into $1BN · 20VC with Harry Stebbings · May 26, 2025 · at 1:24:40
Jack Zhang is the co-founder and CEO of fintech unicorn Airwallex. He advises founders on taking personal liquidity to remove personal financial stress.
0:00 / 0:36exact quote · 36.4s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“I recommend founders take enough secondary so that they can live an account for life, right? They don't need to worry about how do they feed the family? How do they support the kids? How do they, you know, buy a house? You know, I think they should, you know, like I would say in Melbourne, I don't, I think that the living standards is much lower than London. I think in London, you need like 20, thirty million dollars to live a very kind of comfortable life. I think That amount is the right for a late stage founder, because you just wanted the founder to be all in building the business rather than thinking about how to support the family, if you know what I mean.”
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 →