A big milestone for Airwallex. With our US broker-dealer licence, we’re bringing Airwallex Yield to the US - giving businesses a simple, liquid way to put idle USD to work. 🇺🇸
Stripe offered to acquire us for $1.2 billion when we had $2M in revenue.
Today, we've raised $330M at an $8B valuation and reached $1B ARR.
We could've died three times during this journey.
This is the story I've never told anyone before:
Agency > Intelligence
I had this intuitively wrong for decades, I think due to a pervasive cultural veneration of intelligence, various entertainment/media, obsession with IQ etc. Agency is significantly more powerful and significantly more scarce. Are you hiring for agency? Are we educating for agency? Are you acting as if you had 10X agency?
Grok explanation is ~close:
“Agency, as a personality trait, refers to an individual's capacity to take initiative, make decisions, and exert control over their actions and environment. It’s about being proactive rather than reactive—someone with high agency doesn’t just let life happen to them; they shape it. Think of it as a blend of self-efficacy, determination, and a sense of ownership over one’s path.
People with strong agency tend to set goals and pursue them with confidence, even in the face of obstacles. They’re the type to say, “I’ll figure it out,” and then actually do it. On the flip side, someone low in agency might feel more like a passenger in their own life, waiting for external forces—like luck, other people, or circumstances—to dictate what happens next.
It’s not quite the same as assertiveness or ambition, though it can overlap. Agency is quieter, more internal—it’s the belief that you *can* act, paired with the will to follow through. Psychologists often tie it to concepts like locus of control: high-agency folks lean toward an internal locus, feeling they steer their fate, while low-agency folks might lean external, seeing life as something that happens *to* them.”
People overestimate the productivity gains from checklists, apps, and fancy timers and underestimate the effectiveness of a dark room, ear plugs, and an endless supply of stimulants.
This is crazy. I was randomly doomscrolling and found this photo of the most pivotal moment of my life on @airwallex’s social media.
This is me straight out of the interview over 9 years ago. Next to me is @awxjack talking about how far he thinks the company will go.
The Kotlin Census 2018 is out. Take the survey and help the team to understand how you use Kotlin in 2018 or what needs to be done to help you use it in 2019. Tell the World!
https://t.co/KvROmwQO1E
kotlinx.coroutines version 0.25.0 is released. It has reworked/consistent/documented exception handling model, convenient thread-locals for coroutines, SLF4J MDC integration, and more. See https://t.co/cF3UVWrP7w