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Klarna Ipo

All articles tagged with #klarna ipo

business5 months ago•4 min saved

Klarna's IPO Turns Staff into Millionaires Amid Market Enthusiasm

Klarna's recent $17 billion IPO has made over 40 employees millionaires due to stock gains, with cofounders and executives holding significant wealth. Other tech giants like Nvidia, Canva, and Palantir have also created new millionaires among their staff, highlighting how employees benefit from company successes through stock options and share sales.

via Fortune|

#business #employee-wealth #klarna-ipo

business5 months ago•2 min saved

Klarna's IPO Surges, Valuing the Company at $18 Billion and Boosting Sequoia's Gains

Klarna successfully went public on the NYSE, raising $1.4 billion with a $15 billion valuation, largely selling shares by existing investors like Sequoia Capital, which remains the largest shareholder. The IPO marks a significant milestone for the 20-year-old fintech, with shares initially opening higher than the offering price. Co-founders retained substantial stakes, and the event underscores the company's growth and global ambitions.

via TechCrunch|

#business #fintech #klarna-ipo