Obviously you have never started a new business yourself. No business will start making money from day 1. If Afterpay had decided to stay in Australia it would be already making profit. The caveat is that Oz market has a limit - 22 million people. It is tiny. So entrepreneurs, who think big and know that this world is a global village do not settle for Australia. That takes time and money. Burning $75 millions is and investment not a loss. Afterpay is just another way of offering credit. In the long term, when the dust settles and it stops expanding, the costs will go down and the profit will come. Wait for Afterpay China in a couple of years and you will regret not having bought at $140.
