Angel investor wired $1M to Jack Zhang's personal account without paperwork
Jack Zhang · Airwallex CEO & Co-Founder, Jack Zhang: The Angel That Turned $1M into $1BN · 20VC with Harry Stebbings · May 26, 2025 · at 26:32
Jack Zhang, Co-Founder and CEO of Airwallex, recalls how early angel investor Lucy transferred $1M USD directly into his personal account following a verbal handshake.
“Then, like, by Monday, I got a tax message from my bank account from my bank, like, which is CBA. It's like, you got a million US dollar wire to your personal bank account. Like, obviously, I'll give her the bank account, but like, I just didn't expect that she would just wire without anything signed.”
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