Cash Flow Positive Party, page-346

I think the covid took BNPL to stupid levels but then I look at the chart right before covid in 2019.

In 2019 it was just a lone Australian BNPL company starting in the $1 range and by the start of 2020 before anyone had heard of covid it has reached the $5 range in Oct of that year. Right before Covid at the start of 2020 it was around $4. Then they started buying up the world and diluting the crap out of shareholders

This is why I would like to see the US business sold off and for them to just focus on making Aus Zip as successful as possible and use the proceeds of a US sale to fund whatever they need in Aus to launch new products.

I'd love for even the bottom range of 2019 low $1 range to come again with an Aus-only Zip in the next year or two. Zip bit off way more than it could chew but just can't cut it with the big leagues around the world. They need to come home and work on just Aus/NZ where they are successful (if I can use that word lol)