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	Podcast:		Please Explain
	Episode:		Why is Afterpay’s takeover such a watershed moment?
	Category:		News & Politics
	Duration:		00:10:08
	Publish Date:		2021-08-04 03:19:37
	Description:		It’s an extraordinary story of entrepreneurialism and good timing. On Monday, Australian tech company Afterpay became subject of Australia’s largest ever corporate deal when US giant Square bought it for $39 billion. The company was founded by two Sydney men just 8 years ago. And one of those men, Nick Molnar, is now just 31 years old. On this episode of Please Explain, business editor John McDuling joins Tory Maguire to explain how it happened. Subscribe to The Age & SMH: https://subscribe.smh.com.au/ See omnystudio.com/listener for privacy information.
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