PayPal CEO: "There is some value of the experience, right? Like, it's just a big fear. So I do feel that like the fact that we've seen that, when COVID hit, some of my investors started calling me and saying, you will have to cut down on your investments" The company had already in its business plan to do a fundraising this year and we were out in the market slowly starting to talk in the market around March. It was just like every conversation we had was like, oh, we really liked the business amazing. Next year PayPal is down 10%, which was like the typical because like, so you know, basically our peers dropping dramatically.
This week Darrell and Becca are joined by Klarna’s Co-founder and CEO Sebastian Siemiatkowski to talk about how the company is expanding beyond by now pay later space to become a neobank. Sebastian walks us through his European startup journey, breaking into the US market, how the importance of calm leadership through a market downturn, and what’s next for Klarna.
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