Keith Rabois

Need an Apple Watch/Fitness Wrapped.

2025. https://t.co/ttDS9WDiIo

@QuantKris @awxlucy they don’t have 20%+ Chinese ownership nor executives living in China. But they will move all production out of China too.

@gnoble79 @Hutchmetal @ericjackson @nejatian Show us your math on Telsa? Or Palantir? Or even SHOP?

@gnoble79 do you know the definition of gross margin? if GM is positive it means i am accurate and you are still a buffon.

@gnoble79 @Hutchmetal @ericjackson @nejatian no i am arguing your “methodology” cannot explain the value of more than 90% of tech equities. Opendoor is the same and massively undervalued.

A simple question for @airwallex’s CEO: Are you subject to the CCP’s National Law or not? https://t.co/QIvMvXv18B

@gnoble79 @Hutchmetal @ericjackson @nejatian please analyze https://t.co/PLBtfbhIyA%E2%80%99s valuation for us.

His chief legal officer (and chief compliance officer and risk officer) lives in China. Inconceivable she doesn’t have access to user data.

@WoodcutterX @awxjack @Rippling @billcom @brexHQ @Navan lots of $.

@WoodcutterX @awxjack @Rippling @billcom @brexHQ @Navan who cares? I didn’t write the laws.

Gold.

3/ Airwallex is subject to Chinese laws that *require employees to support CCP intelligence requests* and hand over data when asked. As CEO, you list your place of residence as Hong Kong (with a correspondence address of London) in legal filings (eg, https://t.co/XWsQwpbDXq), your co-founders (CTO and COO) are based in Hong Kong and Mainland China per X data, and your Chief Legal, Compliance and Risk Officer lives in Hong Kong too – placing your key execs under the Hong Kong National Security Law, which penalizes refusing government requests for data. Under the PRC National Intelligence Law, every China-based Airwallex engineer is legally obl…

6/ Airwallex isn’t a global company with a Chinese office. It’s actually a Chinese engineering and legal apparatus with a global facade. You’ve built your business on pitching American companies on handling their global payments, while omitting the fact that your structure, staff distribution, legal obligations, and licensing regime make PRC access to foreign data unavoidable and legally compulsory. Congrats on your revenue milestone, but you have some explaining to do.

5/US law explicitly aims to prevent sensitive financial data from ending up in CCP hands, including a 2024 DOJ rule treating transfers of U.S. financial transaction data as a national-security risk. Airwallex circumvents this by never telling customers that its China/Hong Kong staff have legal and technical access to this data and are compelled under PRC intelligence laws to provide access (while having to keep all this under wraps). Those obligations include turning over to the Chinese government data collected from anywhere in the world, creating back doors and other vulnerabilities to allow China to access data, and protecting Chinese int…

4/Airwallex handles payments for tens of thousands of American companies, including in sensitive and critical fields like AI and national security. Airwallex markets itself as a harmless global company to unsuspecting payment processors like Zip, Brex, and Bill whose customers in turn include OpenAI, Anthropic, Coinbase, Databricks, Snowflake, Robinhood, Scale, and others. The data from those payments, which are handled internationally by Airwallex and are accessible to the CCP, include: - Supplier and vendor payments for AI labs that could be used to understand and infiltrate supply chains - Payroll / employee data for defense contractors,…

3 https://t.co/Dkmakhs9bt

2/6 Airwallex presents itself as a Singaporean company, but the bulk of its operations and core staff are in China’s jurisdiction. Airwallex has 1,700 employees globally; roughly 40% and its largest offices are in mainland China and Hong Kong, including core engineering and ops. Job postings for “Senior Software Engineer – Backend (Payments Platform), Shanghai” say engineers there “design, develop, and maintain mission-critical payment systems that power Airwallex’s core financial services… for its global customers,” implying production-level access.

@doomerzoomer @gnoble79 correct. but who cares? that isn’t a relevant way to evaluate a tech co. i am sure George thinks Openai is worth $400 B+? fyi we will be profitable by the end of 26.

@gundogriftvc @NooxBrn @Opendoor Great. I will enjoy turning you into the next Nate Silver.

@gundogriftvc @NooxBrn @Opendoor there is zero chance of that. i just want u to define soon so i can ridicule you when that time occurs.

@gundogriftvc @NooxBrn lol. zero chance of that. define “soon”.

True.

Provocative post by @rex_woodbury on why NYC is leading geo for building successful AI application startups: https://t.co/UpyEGVVI92

This is a solid framework.

True. Preaching this for decades.

True.

Key distinction between a Positioning Market Fit and a Product Market Fit.

@IanniJ0 she was valued at 51 cents.

As predicted.