Airwallex rejected SoftBank's proposal for an $8B valuation round in 2021
Jack Zhang · Airwallex CEO & Co-Founder, Jack Zhang: The Angel That Turned $1M into $1BN · 20VC with Harry Stebbings · May 26, 2025 · at 1:19:21
Jack Zhang, co-founder and CEO of Airwallex, describes passing on a prospective $8 billion funding round proposal from SoftBank at the height of the 2021 market.
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“Like, then you raise, like, three rounds, and end of the twenty-twenty-one, SoftBank was talking to me about, you know, leading an eight billion dollar round, and obviously we didn't, you know, entertain that conversation.”
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