Afterpay’s Nick Molnar in conversation at the Moriah Foundation Circle Cocktail party

April 9, 2021 by Andy Berelowitz
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The Moriah Foundation Circle has hosted Afterpay’s Nick Molnar in conversation with Danny Sekers at The Moriah Foundation Circle Cocktail Party.

Danny Sekers and Nick Molnar

Foundation President, Judy Lowy, shared how in an inspirational display of unity and compassion The Moriah family came together to help raise funds to support families affected by the pandemic for the Moriah Response No family left behind campaign. The Foundation is continuing to seek support from the community to ensure that no child has to leave Moriah as a result of the pandemic.

Foundation Circle Chair Lauren Placks told the cocktail at the Central Synagogue how The Foundation Circle has grown to an incredible 71 families –comprised of parents who want to connect and support the College, The Foundation and Moriah children.

Nick Molnar shared his insights about his incredible journey as one of Australia’s most successful and youngest entrepreneurs ever as Co-founder and Co-CEO of Afterpay, filled with personal anecdotes from his time at Moriah. He reminisced about the time he sold his Business Studies teacher, Mr Manocchio’s motorbike on eBay as he was known as the “the kid who was good with eBay!” He revealed how he started off selling jewellery online from his bedroom while at university, before launching his first online business Ice Online.

Foundation Director Danny Sekers engaged in a Q&A session with Nick and the audience. Nick shared how Afterpay’s biggest unlock was taking a B2B business and leveraging customers to sell for them. “The customer base grabbed hold of the business, and we just kept fueling the virality.” As he spoke about innovation and the growth of Afterpay, Nick stressed that success all comes down to the behaviours of your people, and how when hiring, they look for people who have the right mindset and who want to challenge the status quo.

When asked about his fondest memories at Moriah, Nick replied that he loved rugby in the playground, with commerce, business and maths being his favourite subjects. “When I look back at Moriah, it’s all about the friendships that I created, there are no two ways about it. Gabi and I want our kids to have the same experience there that I did.”

Guests heard heartwarming reflections from a Moriah Bursary parent who requested to share her inspirational and uplifting story about the impact that the gift of a Moriah education has had on her life and the life of her daughter.

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