The Curve Murdoch Drama, Lulu Karma & an IPO for Klarna.
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This week on The Curve Weekly, weâve got a very special guest: Lucy Blakiston from Shit You Should Care About is in the studio - and we LOVED HAVING HER. Together we dive into Rupert Murdochâs real-life Succession drama, Lululemonâs fall from athleisure grace, and the big one: Klarna finally hit the stock market. The giant IPOâd on the NYSE at $40 a share, shot up to $57, and closed at $45.82 - a neat little 15% glow-up on day one. We break down what that actually means, why Klarna is still losing money (but less than before), and whether youâd want it in your portfolio. Plus: Bowie bonds, activist investors, tube-strike survival stories, weddings that drain your bank account, and one very rogue hair intervention. Finance, but fun - and with Lucy in the mix, chaotic in the best way. đ
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Watch our previous episode with Lucy HERE. đ„
WTF Does That Mean? A Guide to All the Jargony Bits:
IPO â A companyâs stock market debut.
Ticker â The code a company trades under (Klarna = KLAR).
Valuation â What the market says a companyâs worth.
On its knees â A stock performing terribly.
Activist Investor â Buys shares to shake things up.
Bowie Bonds â Musicians borrowing against future royalties.
Royalties â Cash artists get when their musicâs played.
Private Equity â Investors buying companies off-market.
Trust â A legal pot of assets (Murdoch-style).
Succession Plan â Who takes over next.
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