Nick Molnar, the co-founder and CEO of Afterpay, joins Scott to discuss the company’s ‘buy now, take now, pay later’ business model, how millennials' spending habits are changing, and Nick’s experience as an entrepreneur. Nick also compares and contrasts running a startup in San Francisco vs. Sydney. (7:48) Scott opens with his thoughts on the acceleration of e-commerce.  This week’s Office Hours: Airbnb and tax regulations, deciding whether to get an M.B.A, and why experiential retail can’t save every retailer. (30:54) Algebra of Happiness: the vulnerability of capitalism. (41:24)