Afterpay: the intriguing story of an Australian unicorn
The Briefing4 Aug 2021

Afterpay: the intriguing story of an Australian unicorn

News broke this week that a US company had made a $39 billion bid for Australian firm, Afterpay. It is the biggest business deal in the history of the Australian Stock Exchange.

A company that is created and then grows massively in a short amount of time is called a ‘unicorn’. Jonathan Shapiro and James Eyers are reporters for the Australian Financial Review and the authors of ‘Buy Now, Pay Later’, a new book on the Afterpay phenomenon. They join us to explain how and why so much wealth been created so quickly despite many initially saying the company was overhyped and overvalued.

On today’s Briefing, we learn how the company was created and how it grew so big so fast…..and made a lot of people very rich in the process. Those who were lucky enough to discover the elusive unicorn.

TODAY'S HEADLINES

  • QLD authorities suggest lockdown extension may be needed

  • Expert coalition calls for AZ uptake, warns Australia doomed to continued lockdowns

  • Commonwealth defends commuter car park scheme

  • Medals on offer in hockey and soccer after sailing/running

Follow The Briefing

Instagram: @thebriefingpodcast
Facebook: TheBriefingNewsAU
Twitter: @TheBriefingAU

YouTube: http://bit.ly/TheBriefingSUBSCRIBE

See omnystudio.com/listener for privacy information.

Episoder(2679)

The Fun Police: are Covid Marshals ruining weddings?

The Fun Police: are Covid Marshals ruining weddings?

On todays episode we explore how COVID-19 has impacted our weddings. Classed as 'super spreading events’ Covid Marshals are now required as part of a safety plan at weddings. But does this actually st...

10 Aug 202015min

Is the pandemic a ‘window of opportunity’ for terrorism?

Is the pandemic a ‘window of opportunity’ for terrorism?

What are terrorists up to now during the pandemic? Are they more or less of a threat? Whether it’s Islamic State or right-wing extremists some experts are warning that the pandemic is giving terrori...

9 Aug 202018min

Craig Reucassel’s fight for climate change

Craig Reucassel’s fight for climate change

One of the biggest issues of the last year was climate change. So where is the climate debate now and how has the pandemic affected it? Best known for his work with The Chaser, Craig Reucassel joins...

6 Aug 202019min

Do Curfews Work?

Do Curfews Work?

A number of countries have used curfews as part of their pandemic lockdown measures including France, Italy, Cyrus, parts of the US, Malaysia, Thailand, South Africa and now our very own city of Melbo...

5 Aug 202020min

The Aussie locked in the world's worst women's prison

The Aussie locked in the world's worst women's prison

Dr Kylie Moore-Gilbert is a 33 year old Australian academic convicted of spying, and sentenced to ten years in an Iranian prison. Kylie has always maintained her innocence. After serving two years, sh...

4 Aug 202018min

Coronavirus Q&A: The Good, The Bad, The Ugly

Coronavirus Q&A: The Good, The Bad, The Ugly

The Good, the Bad and the Ugly facts about Coronavirus you need to know. When the coronavirus pandemic first took hold in March one of the most prominent voices explaining what was happening was the A...

3 Aug 202018min

Why more of us are going child-free

Why more of us are going child-free

Has the pandemic pushed more people not to have kids? By 2030, the number of couples without children will overtake the number of couples with children. Despite initial talk of lockdown love and the ‘...

2 Aug 202020min

We need to talk about ‘Karen’… What does this label really mean?

We need to talk about ‘Karen’… What does this label really mean?

The label ‘Karen’ has become a new archetype of middle-class white privilege. ‘Karen’ has mostly been used in the U.S as a way of calling out entitled white women who are used to getting their way and...

30 Jul 202020min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
forklart
stopp-verden
popradet
dine-penger-pengeradet
rss-gukild-johaug
det-store-bildet
nokon-ma-ga
lydartikler-fra-aftenposten
hanna-de-heldige
fotballpodden-2
rss-ness
aftenbla-bla
rss-espen-lee-usensurert
e24-podden
rss-dannet-uten-piano
rss-utenrikskomiteen-med-bogen-og-grasvik
rss-penger-polser-og-politikk