Klarna CEO cites EU talent brain drain, unfavorable share rules as primary IPO risk.

Klarna CEO Sebastian Siemiatkowski has highlighted a European tech talent brain drain as the primary risk for the company ahead of its IPO. He noted that unfavorable share-based compensation rules in Europe could result in Klarna losing employees to U.S. tech giants like Google and Apple. Currently, Klarna offers only a fifth of the equity as a share of revenue compared to its peers, complicating its ability to attract and retain top talent.

October 03, 2024
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