Sources: Sequoia stands to gain ~$2.65B from Klarna's IPO, a six-fold return on its ~$500M total investment, and is selling ~2% of its stake in the IPO
Sources say Sequoia invested around $500m in Klarna, dating back 15 years. They retained a more than 20% stake, worth over $3 billion, a more than six-fold return https://www.theinformation.com/ ...