#klarna-ipo

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fromFortune
2 days ago

Klarna's $17 billion IPO has just turned 40 staffers into overnight millionaires-adding a fresh batch to the fintech's millionaire club | Fortune

Klarna made its New York stock exchange debut this week, sending its market cap soaring to $15 billion-propelling around 40 staffers to millionaire status overnight, with its executive team gaining the most from the IPO. It's not the first time Klarna's success has created ultra-rich employees-at least 115 of the business' workers have hit seven-figure net worths since 2021. And staffers at other tech companies, including Nvidia, Canva, and Palantir who invested early have also made it to the exclusive wealth club.
Venture
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fromFortune
3 days ago

Klarna goes public as 3 in 4 Americans are relying on buy-now, pay-later and experts worry its snowballing 'quickly into a serious financial burden' | Fortune

Klarna's $1.37B IPO values the company at $15B amid BNPL expansion, while consumers face rising debt and credit-score risks.
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fromFortune
3 days ago

Apple's iPhone Air impresses fans, but not investors | Fortune

Apple's hardware updates disappointed investors; Klarna targets $40 IPO valuing $15B; Walmart expects staffing steady despite AI; EV maker Slate benefits from freed supplier capacity.
Miscellaneous
fromBusiness Insider
1 week ago

Klarna dials back remote work and says it's losing top talent to companies with stronger in-office culture as IPO nears

Klarna requires employees in several European offices to work in-office three days weekly starting September 29, citing talent losses to companies that favor in-person collaboration.
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