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Sequoia Capital Reaps $2.7 Billion Gain on Klarna Bet in IPO

Markets

Yazhou Sun, Aisha S Gani

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September 10, 2025

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Bloomberg

Klarna Group Plc’s market debut handed a multibillion-dollar windfall to venture capital heavyweight Sequoia Capital, capping a bumpy ride for the fintech behemoth and its biggest investor that included a boardroom brawl and wild swings in valuation.

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