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Klarna to raise fresh cash at slashed $6.5B valuation

wsj.com

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Re: Klarna to raise fresh cash at slashed $6.5B valuation

#11

Post by dmitriid »

rvz wrote: post #5

Klarna is absolutely over-hyped, overvalued and a glorified bank and a complete scam. It also seems that an investor unloaded their shares worth $7.6m a year ago [0][1][2] at a $48B valuation to get retail sucked in and investing at that valuation on a crowdfunding platform. Fast forward today, those 6,971 new investors have lost money as Klarna is on a series of downrounds; now at $6.5B. Now that is what I call a ma…

Something tells me you're confusing an actual business (Klarna) with someone offloading shares through Crowdcube.

Re: Klarna to raise fresh cash at slashed $6.5B valuation

#15

Post by paulpauper »

spaceman_2020 wrote: post #3

> But if completed, it would represent a huge discount on the company’s valuation when investors led by an arm of SoftBank Group Corp. Why is it that SoftBank somehow always manages to buy the top?

how does it still exist and have money left after so many huge failures

Re: Klarna to raise fresh cash at slashed $6.5B valuation

#17

Post by tempsy »

hn_throwaway_99 wrote: post #8
spaceman_2020 wrote: post #3

> But if completed, it would represent a huge discount on the company’s valuation when investors led by an arm of SoftBank Group Corp. Why is it that SoftBank somehow always manages to buy the top?

My thought exactly. If it were possible to short private companies I would just look for whenever SoftBank leads a round at a nutso valuation.

lol plenty of frothy public cos you could have shorted down 80-90% since beginning of the year don’t need to find private ones…

Re: Klarna to raise fresh cash at slashed $6.5B valuation

#18

Post by rvz »

dmitriid wrote: post #11
rvz wrote: post #5

Klarna is absolutely over-hyped, overvalued and a glorified bank and a complete scam. It also seems that an investor unloaded their shares worth $7.6m a year ago [0][1][2] at a $48B valuation to get retail sucked in and investing at that valuation on a crowdfunding platform. Fast forward today, those 6,971 new investors have lost money as Klarna is on a series of downrounds; now at $6.5B. Now that is what I call a ma…

Something tells me you're confusing an actual business (Klarna) with someone offloading shares through Crowdcube.

Nope. They are both scams. One being a platform for larger investors facilitating and dumping on retail and a debt collector masquerading as a 'friendly' interest-free and financing platform for consumers with soft credit checks.

So yes, both are scams.

Re: Klarna to raise fresh cash at slashed $6.5B valuation

#19

Post by puranjay »

paulpauper wrote: post #15
spaceman_2020 wrote: post #3

> But if completed, it would represent a huge discount on the company’s valuation when investors led by an arm of SoftBank Group Corp. Why is it that SoftBank somehow always manages to buy the top?

how does it still exist and have money left after so many huge failures

It mad wild, wild money through a massive single investment: Alibaba.

Its been searching for the next Alibaba since.

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