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Klarna in Talks With Banks for US IPO at $20 Billion Value

(Bloomberg) -- Klarna Bank AB, the Swedish fintech that was once Europe’s most valuable startup, is moving forward with plans for a potential US listing that could be one of the largest listings this year, according to people familiar with the matter.Most Read from BloombergApple Cancels Work on Electric Car, Ending Decadelong EffortA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersNigeria Delivers Jumbo Rate Hi...
United Kingdom Bloomberg Businessweek Aishas Gani Michael Moritz Sebastian Siemiatkowski Sequoia Capital
Source: yahoo.com

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Sequoia's Failed Coup at Klarna Shows Clash Between New and Old Guard — The Information

People close to Klarna founder Sebastian Siemiatkowski say he keeps a very tight inner circle. One of the people he trusts the most is Michael Moritz. So when big Klarna investor Sequoia Capital sought to oust Moritz—Klarna’s chair, who was a longtime leader of the venture capital firm before ...
Michael Moritz Matthew Miller Sebastian Siemiatkowski Sequoia Capital

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