The most famous unicorns They are getting healthy around the world, showing that losses can be minimized while posting growth. They are living experiments when it comes to corporations that lean without cutting muscle.
European fintech giant Klarna is working ahead of an IPO with a valuation reset and a change in investor priorities. The startup world is still consolidating, the only private tech company that is adjusting its valuations to meet the new valuation reality and working to grow its revenue and profitability.
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Here in the United States, Instacart is making a similar update. Like Klarna, Instacart rose during the pandemic, seeing its valuations explode as it overhauled its business amid the Covid-triggered economic turmoil. And, like Klarna, he eventually had to downsize his guesswork and clip staff in order to go public.
Earlier this week, we dug into Klarna’s 2022 results with a special focus on its Q4 data. As the year draws to a close, the company’s full-year results belie Klarna’s return to profitability. It was more important than the historic loss earlier in the year.
