damn that was a great opportunity, page-5

Yes unbelievable that the founders were able to sell over $100 million of stock north of $130 while stock was suspended. Looking at Afterpay result through all the spin (US employees still incentivised ha ha etc) the cash flow statement shows negative $520 million . Now with rates rising the economics of their model worsen - then in Australia a lot of the free money (job keeper jobseeker is ending) and more competitive competition is increasing - not least from PayPal. Look out below