Peter Szulczewski is one of the two founders behind the business. Photo/LinkedIn.
E-commerce site Wish has become a ubiquitous entity on the internet, following Kiwis across Facebook and the wider internet with cheap deals.
Whether its a $4 watch, a $22 pair of sneakers or a $15 leather jacket, Wish is your go-to site.
Such deals have propelled e-commerce site Wish up
the ranks of the most valuable US unicorns and made its co-founders Silicon Valley's latest paper billionaires. Peter Szulczewski and Danny Zhang each own about a US$1.3 billion (NZ1.98 billion) stake on paper, according to an analysis by EquityZen, a marketplace for shares in pre-IPO technology companies.
The popularity of its inexpensive products has given Wish a hefty price tag. The startup raised around $250 million at an $8.5 billion valuation in September, according to news site Axios.
Wish is a mobile app that allows consumers to buy discounted goods directly from Chinese merchants or suppliers. The San Francisco-based company now has more than 500 million users worldwide, according to its website.
