Sequoia Capital is seeking to have partner Andrew Reed appointed to the board of 'buy now, pay later' company Klarna, replacing Matthew Miller. Miller had led efforts to remove former leader Michael Moritz. The conflict between old and new Sequoia guard spilled into the open, involving co-founders Sebastian Siemiatkowski and Victor Jacobsson.
Swedish fintech company Klarna had a week that sounds more like an episode of "Succession" than reality. In a bold move, Sequoia partner Matt Miller asked Klarna shareholders to oust Sequoia ex-chair Michael Moritz from the board. More on the situation👇 https://t.co/Vs95UYJIez
How tensions between past and present leaders of Sequoia, which had a reputation for quiet competence, have spilled into the open with the Klarna boardroom spat (Financial Times) https://t.co/XhubGbUDts 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/HlMPGMGsrp
How Klarna’s boardroom spat exposed a schism at Sequoia Capital https://t.co/myW08hfUAh
The $7 billion “buy now, pay later” startup Klarna recently faced a public board spat. https://t.co/emxmjq2eh0
Some final thoughts on the Sequoia-Klarna drama. Now time for a cocktail. https://t.co/tJh5SCjAys
Immediately devoured this deep dive on the board Klarna drama by @kateclarktweets, @heetermaria & @coryweinberg. A must read. https://t.co/u3GTXtQXOZ https://t.co/ruZhV8kWQu
Here’s the bigger picture of Klarna and Moritz / Botha at Sequoia Capital https://t.co/9wRMplUCyv great work @KateClarkTweets @heetermaria @coryweinberg https://t.co/oiVe85w0cE
NEW: Inside Sequoia's failed coup of Buy-Now Pay-Later giant Klarna's boardroom—an extremely rare example of tensions between old and new Sequoia Capital guard spilling out into the open. w/ @KateClarkTweets @coryweinberg https://t.co/Cdpnk8tEan
Conflict at Klarna: How Sequoia’s new guard and old guard clashed during the VC’s failed ouster of Michael Moritz https://t.co/Zvu0842XSv From @KateClarkTweets, @heetermaria and @coryweinberg
Inside Sequoia's failed Klarna board coup—an extremely rare public airing of tensions between tech investors and company management. https://t.co/N2ryAw0PGZ w/ @heetermaria & @coryweinberg
In 18 years of writing about tech, I've seen a lot of coups. Can't think of a failed one that has spilled into the open like Sequoia's Klarna drama. Great work from @KateClarkTweets @heetermaria @coryweinberg. And a sign of more to come, I think, as investors and management…
Sources: the Sequoia-Klarna spat stemmed from co-founders Sebastian Siemiatkowski and Victor Jacobsson, which dragged Michael Moritz and Sequoia into the fray (Bloomberg) https://t.co/IjZwukX17r 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/jnmfOJ33fy
Sources: Sequoia has picked partner Andrew Reed to replace Matthew Miller on Klarna's board; Miller led a failed effort to remove Michael Moritz as board chair (The Information) https://t.co/3K2dFaslcs 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/glo1iOfLbH
Scoop: Figma backer & Sequoia partner Andrew Reed will join Klarna's board, replacing Matthew Miller who recently led an effort to remove former Sequoia leader Michael Moritz from his position as Klarna’s board chairman. w/ @heetermaria https://t.co/AmM6dEqLft
NEWS: Sequoia Capital is asking shareholders to appoint partner Andrew Reed to the board of ‘buy now, pay later’ company Klarna, replacing partner Matthew Miller, who led efforts to oust former leader Michael Moritz. w/ @KateClarkTweets https://t.co/cbefWw6kjm
Scoop: Sequoia is asking shareholders to appoint partner Andrew Reed to Klarna's board, replacing Matthew Miller who recently led an effort to remove former Sequoia leader Michael Moritz from his position as Klarna’s board chairman. w/ @heetermaria https://t.co/8hmXuc3TCN
Scoop: Sequoia has asked shareholders to appoint Andrew Reed to Klarna’s board, replacing Matthew Miller. Miller had joined the board in January & recently led an effort to remove former Sequoia leader Mike Moritz from the board. W/ @heetermaria https://t.co/8hmXuc3TCN