$10 Party, page-522

Guys, please talk sensibly when comparing zip with afterpay. Diluted MC of Zip would be much higher after acquisition and fund raise.

Zip and Quadpay needed money very badly and going independently would have to be done at a discount but the right thinking from management on both sides have enabled fund raise at a very good price if not at its fair value.

it is a win win for both without which both would have lost significant dilution. Of course quad pay has sacrificed a bit more than zip as it’s negotiation capacity was lower of the two. All in all a new experience for me in establishing the fact that mergers can also create synergy....GL and the journey will be a long way ahead.