I’ve seen it happen to often where expansion is too fast and managements focus is diverted from it’s core business and eventually the whole business suffers.
Expansion into a new category (biz BNPL) takes a lot of time and resources to ensure it executes correctly.
I could be completely off the mark with my comments but worth a discussion at the very least
Ann: Zip acquires Spotcap Aus/NZ, fast tracking Zip Biz BNPL, page-26
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