The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 60 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 2 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Airwallex revenue grew from $2M in 2018 to $20M in 2020
“I think we went, let me just think about again, so we went from like, strap acquisition at that time, we were only two million dollars in 2018, so we went ten million dollars in 2019, so we five times the revenue in 2019, so ten million, then 20 20, we had twe…”
Jack Zhang earned $2M-$5M annually from side hustles before founding Airwallex
“And, you know, I'm, you know, make 200,000 a year on my full-time job more or less. And I make, you know, two, three, four, five million dollars a year on the other side hustle as kind of that business is getting more mature.”
Airwallex took three years to reach product-market fit in the UK
“Yeah, it took me three years to get PMF in the UK.”
Airwallex's first angel investor stopped investing after subsequent deals failed
“I think she made a few other investments and then didn't turn out to be good afterwards, and I think she stopped investing.”
Jack Zhang started over 10 side businesses before founding Airwallex
“So I started like probably 10 plus businesses, and what I really concluded is I don't like any of them.”
Airwallex's first angel offered $2M within one hour of meeting
“I made a pitch. And she's like, how much money are you raising? I'm like, oh, I'm probably going to raise a million US. And she's like, what about if I give you two million? You know, this is a girl that you met for the first time in your life and you only, yo…”
Early hardship and competition build unmatched startup resilience
“I think when you grow up that if you taste, you know, what success looks like early, you know, whether it's spot or any type of mass competition or Olympic competition or any type of competition or any sort of team spots, the tough experience you know, when I …”
Airwallex failed with peer-to-peer and invoicing products before pivoting
“2016, the peer-to-peer algorithm failed. You know, in 2017, I sort of, the invoicing also failed in 2017.”
Jack Zhang commits to building Airwallex for life
“I don't think I wanna, you know, like, Be doing another startup when I'm a 38. I think I'm gonna give it a shot on this one and put all my life into it.”
Jack Zhang personally sourced Airwallex's first 100 employees on LinkedIn
“I hired the first a hundred people in Airworks by myself on LinkedIn.”
Airwallex originated from cross-border payment issues with co-founder Max Lee
“One of the guys running that for me was my co-founder Max Lee. He's the head of product design. He went become architect and then started the real estate business with me started the coffee shop with me and which, you know, we found the foreign change and inte…”