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Klarna is about to oust another board member


Klarna, the Stockholm-based buy-now-pay-later outfit that’s barreling toward an IPO, isn’t done shaking up its board. According to the FT,  seven

Klarna, the Stockholm-based buy-now-pay-later outfit that’s barreling toward an IPO, isn’t done shaking up its board. According to the FT, seven directors just agreed to oust investor Mikael Walther from Klarna’s eight-person board, nearly eight years after he joined it. Roughly six weeks later – following a war waged in the press – Sequoia apologized, pulled back Miller, and installed a third partner, Andrew Reed, who continues to represent the firm.

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