Katie Roof / The Information:

Sources: Sequoia stands to gain about $2.65B in Klarna's IPO, a six-fold return on its total investment of ~$500M; it is selling ~2% of its stake in the IPO  —  Klarna's two-decade journey to a public listing means a lucrative return for its biggest backer—Sequoia Capital.

Katie Roof / The Information:

Sources: Sequoia stands to gain about $2.65B in Klarna's IPO, a six-fold return on its total investment of ~$500M; it is selling ~2% of its stake in the IPO  —  Klarna's two-decade journey to a public listing means a lucrative return for its biggest backer—Sequoia Capital.

Source: TechMeme
Source Link: http://www.techmeme.com/250909/p59#a250909p59