Ann: Business Update, page-18

One of my favourite parts of this update is this: "In connection with the investment, a non-binding term sheet has been agreed for a strategic
partnership where Coatue will leverage its data science expertise to support Afterpay in its
development of retail data analytics and future data driven products. Subject to formal
agreement, Coatue and Afterpay will collaborate on tools and capabilities, empowering Afterpay
to pursue its goal of being the world’s most loved way to pay."

This should not be underestimated. Getting this kind of help for the purpose of developing retail data analytics is extremely valuable.