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Saturday, February 4, 2023

Afterpay a ‘massive success story’ for two Sydney-based founders: Alan Jones

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Sky News host Alan Jones says Afterpay is a “massive success story” for the two Sydney founders and it proves that good ideas can translate into a huge payday.

“American finance firm, Square, bought Afterpay – a ‘buy now, pay later’ company by Sydney-based founders Nick Molnar and Anthony Eisen,” Mr Jones said.

“The pair still have a 6.7 per cent share in the company and, after Square’s offer, that’s valued at a cool $2.61 billion each.

“Square bought the Australian-grown Afterpay for an eye-watering $39 billion in shares at $126.21 a share.

“It is a massive success story for the two Sydneysiders.”


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