Airwallex CEO @awxjack told us that in 2016 when they only had six weeks of runway left, instead of panicking his co-founders, he just went out and raised a round: "I think the only thing I can do is raise money. I don't think even my co-founders know that we had that little money left... it was just me and Lucy." "What is it going to help if they know? They're just going to get stressed out, and I'd rather them focus on shipping, delivering, and getting customers. Let me worry about taking…

Jack Zhang@awxjackDec 8, 2025

But then in 2016, we almost died. After signing our term sheet, a VC called me a week later. "I don't think this algorithm thing will work. We're pulling out." We almost ran out of money.