Jack Zhang landed in Melbourne at 15 with no money, no English, and no one to lean on.
By 30, he was turning down a billion-dollar offer from Stripe.
In this episode of HD in HD, I sit down with the co-founder and CEO of Airwallex to trace his zero-to-borderless journey—from small-town China to building one of the biggest tech stories ever to come out of Australia.
We get into:
• What Airwallex did differently that Stripe couldn’t in APAC
• The $100,000 mistake that nearly derailed their first client
• How Jack handled 2022’s valuation reset (and why he didn’t panic)
• The AI opportunity he thinks everyone is sleeping on
• how Airwallex hit $1B in volume before raising a proper Series A
00:00 Trailer
00:46 Introduction
01:18 Airwallex
04:58 No English from China to Australia
15:15 My first business, no financial support
23:06 All work, no fun
31:03 Development and coffee
36:26 Nothing is that hard
40:05 Startups
45:40 Brex
46:29 Starting Airwallex
53:27 The whole thing fell apart
57:20 Sequoia Capital and Tencent
1:05:41 Billion-dollar acquisition offer
1:11:59 Managing globally
1:16:20 Motivation and efficiency
1:23:26 Worth billions, hard to turn
1:24:58 Lessons from China
1:29:38 Outro
