Business
Afterpay takes aim at Wall Street – The Australian Financial Review
Its founders each took a $60 million payday as the company moves to take greater control of its US business in a possible precursor to a Nasdaq listing.
Founders and co-chief executives Nick Molnar and Anthony Eisen insist the deal is highly earnings accretive and argue it will help simplify the ownership of Afterpay US and, more importantly, align it with the way Afterpay is internally organised now that is, not on regional lines, but around global functions.
But it is also important to note that mopping up Matrix and US staff with stock in the US division would also make it easier for Afterpay to potentially tap what it says is growing demand…
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